Skip to main content

Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Fri Feb 13, 1:54PM CST

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Yelp (YELPResearch Report) and Iridium Communications (IRDMResearch Report) with bullish sentiments.

Valentine's Day Sale - 70% Off

Yelp (YELP)

Craig-Hallum analyst Jason Kreyer maintained a Buy rating on Yelp today. The company’s shares closed last Thursday at $22.61.

According to TipRanks.com, Kreyer is a 4-star analyst with an average return of 4.6% and a 35.2% success rate. Kreyer covers the Technology sector, focusing on stocks such as Gloo Holdings, Inc. Class A, Zeta Global Holdings Corp, and Creative Realities. ;'>

Yelp has an analyst consensus of Hold, with a price target consensus of $30.00, which is a 28.5% upside from current levels. In a report issued on January 30, TipRanks – xAI also upgraded the stock to Buy with a $31.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Iridium Communications (IRDM)

In a report released today, Louie DiPalma from William Blair maintained a Buy rating on Iridium Communications. The company’s shares closed last Thursday at $21.79.

According to TipRanks.com, DiPalma is a 4-star analyst with an average return of 8.7% and a 60.3% success rate. DiPalma covers the Technology sector, focusing on stocks such as Palantir Technologies, Science Applications, and Motorola Solutions. ;'>

Currently, the analyst consensus on Iridium Communications is a Moderate Buy with an average price target of $22.50, representing a 17.2% upside. In a report issued on January 29, TipRanks – OpenAI also upgraded the stock to Buy with a $23.50 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.