There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Genius Sports Limited (GENI – Research Report) and Nexxen International (NEXN – Research Report) with bullish sentiments.
Genius Sports Limited (GENI)
JMP Securities analyst Jordan Bender reiterated a Buy rating on Genius Sports Limited today and set a price target of $8.00. The company’s shares closed last Wednesday at $6.68.
According to TipRanks.com, Bender is a 4-star analyst with an average return of
Genius Sports Limited has an analyst consensus of Strong Buy, with a price target consensus of $9.08, implying a 37.6% upside from current levels. In a report issued on February 26, Cantor Fitzgerald also maintained a Buy rating on the stock with a $8.00 price target.
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Nexxen International (NEXN)
In a report released today, Andrew Boone from JMP Securities maintained a Buy rating on Nexxen International, with a price target of $11.00. The company’s shares closed last Wednesday at $5.35.
According to TipRanks.com, Boone is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nexxen International with a $8.13 average price target, implying a 50.6% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $6.50 price target.
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