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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Stagwell (STGW), Globalstar (GSAT) and Netflix (NFLX)

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Stagwell (STGWResearch Report), Globalstar (GSATResearch Report) and Netflix (NFLXResearch Report).

Stagwell (STGW)

Craig-Hallum analyst Jason Kreyer maintained a Buy rating on Stagwell today. The company’s shares closed last Tuesday at $6.65.

According to TipRanks.com, Kreyer is a 4-star analyst with an average return of 8.9% and a 51.9% success rate. Kreyer covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, LiveRamp Holdings, and Viant Technology.

Currently, the analyst consensus on Stagwell is a Moderate Buy with an average price target of $7.50, which is a 13.1% upside from current levels. In a report issued on December 20, Needham also maintained a Buy rating on the stock with a $7.50 price target.

See the top stocks recommended by analysts >>

Globalstar (GSAT)

In a report released today, George Sutton from Craig-Hallum maintained a Buy rating on Globalstar. The company’s shares closed last Tuesday at $1.87, close to its 52-week high of $1.98.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 16.1% and a 55.8% success rate. Sutton covers the Technology sector, focusing on stocks such as Transact Technologies, Par Technology, and ACI Worldwide.

Globalstar has an analyst consensus of Moderate Buy.

Netflix (NFLX)

In a report released today, Mark Shmulik from Bernstein maintained a Hold rating on Netflix, with a price target of $390.00. The company’s shares closed last Tuesday at $468.50, close to its 52-week high of $500.89.

According to TipRanks.com, Shmulik is a 5-star analyst with an average return of 30.4% and a 77.4% success rate. Shmulik covers the NA sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Pinterest.

Netflix has an analyst consensus of Moderate Buy, with a price target consensus of $471.93, which is a -2.3% downside from current levels. In a report issued on December 21, DZ BANK AG also downgraded the stock to Hold with a $495.00 price target.

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