Analysts Offer Insights on Communication Services Companies: Live Nation Entertainment (LYV) and Netflix (NFLX)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Live Nation Entertainment (LYV) and Netflix (NFLX) with bullish sentiments.
Live Nation Entertainment (LYV)
In a report released yesterday, David Karnovsky from J.P. Morgan maintained a Buy rating on Live Nation Entertainment, with a price target of $205.00. The company’s shares closed last Thursday at $172.51.
According to TipRanks.com, Karnovsky is a 5-star analyst with an average return of
Live Nation Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $208.13, which is a 22.4% upside from current levels. In a report issued on October 10, TipRanks – Google also upgraded the stock to Buy with a $189.00 price target.
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Netflix (NFLX)
In a report released today, Brian Pitz from BMO Capital reiterated a Buy rating on Netflix, with a price target of $125.00. The company’s shares closed last Thursday at $72.61.
According to TipRanks.com, Pitz is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Netflix with a $91.10 average price target, representing a 27.3% upside. In a report issued on October 1, Guggenheim also maintained a Buy rating on the stock with a $80.00 price target.
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