There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Comcast (CMCSA – Research Report) and NEXON Co (NEXOF – Research Report) with bullish sentiments.
Comcast (CMCSA)
Citi analyst Michael Rollins maintained a Buy rating on Comcast on June 28 and set a price target of $48.00. The company’s shares closed last Friday at $39.69.
According to TipRanks.com, Rollins is a 5-star analyst with an average return of 10.5% and a 64.0% success rate. Rollins covers the NA sector, focusing on stocks such as Frontier Communications Parent, Charter Communications, and Liberty Broadband.
Currently, the analyst consensus on Comcast is a Moderate Buy with an average price target of $47.45, representing a 23.0% upside. In a report issued on June 25, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $44.00 price target.
See the top stocks recommended by analysts >>
NEXON Co (NEXOF)
Jefferies analyst Atul Goyal maintained a Buy rating on NEXON Co on June 27 and set a price target of Yen4340.00. The company’s shares closed last Monday at $19.24.
According to TipRanks.com, Goyal is a 4-star analyst with an average return of 6.0% and a 59.6% success rate. Goyal covers the NA sector, focusing on stocks such as Square Enix Holdings Co, SoftBank Group, and Nintendo Co.
Currently, the analyst consensus on NEXON Co is a Moderate Buy with an average price target of $25.82.
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