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Analysts Offer Insights on Communication Services Companies: Alphabet Class C (GOOG), Warner Music Group (WMG) and Netflix (NFLX)

Tipranks - Fri Apr 10, 8:52AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on Alphabet Class C (GOOG), Warner Music Group (WMG) and Netflix (NFLX) with bullish sentiments.

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Alphabet Class C (GOOG)

Bank of America Securities analyst Justin Post maintained a Buy rating on Alphabet Class C today. The company’s shares closed last Thursday at $311.58.

According to TipRanks.com, Post is a 5-star analyst with an average return of 20.8% and a 62.1% success rate. Post covers the NA sector, focusing on stocks such as Booking Holdings, Maplebear, and DoorDash. ;'>

Alphabet Class C has an analyst consensus of Strong Buy, with a price target consensus of $385.90, implying a 22.6% upside from current levels. In a report issued on March 26, TipRanks – xAI also reiterated a Buy rating on the stock with a $332.00 price target.

See today’s best-performing stocks on TipRanks >>

Warner Music Group (WMG)

UBS analyst Batya Levi maintained a Buy rating on Warner Music Group today and set a price target of $40.00. The company’s shares closed last Thursday at $27.38, close to its 52-week low of $27.06.

According to TipRanks.com, Levi is a 1-star analyst with an average return of -3.2% and a 46.5% success rate. Levi covers the NA sector, focusing on stocks such as Live Nation Entertainment, Lumen Technologies, and Spotify. ;'>

Warner Music Group has an analyst consensus of Strong Buy, with a price target consensus of $37.42, representing a 35.9% upside. In a report issued on March 31, Guggenheim also maintained a Buy rating on the stock with a $34.00 price target.

Netflix (NFLX)

In a report released today, John Hodulik from UBS maintained a Buy rating on Netflix, with a price target of $130.00. The company’s shares closed last Thursday at $99.53.

According to TipRanks.com, Hodulik is a 5-star analyst with an average return of 10.0% and a 62.8% success rate. Hodulik covers the NA sector, focusing on stocks such as Charter Communications, Paramount Skydance, and AMC Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Netflix with a $114.61 average price target, representing a 15.3% upside. In a report issued on April 5, Goldman Sachs also upgraded the stock to Buy with a $120.00 price target.

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