Analysts Offer Insights on Communication Services Companies: Roblox (RBLX) and Walt Disney (DIS)
There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Roblox (RBLX – Research Report) and Walt Disney (DIS – Research Report) with bullish sentiments.
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Roblox (RBLX)
In a report issued on February 6, Eric Sheridan from Goldman Sachs maintained a Buy rating on Roblox, with a price target of $140.00. The company’s shares closed last Friday at $66.42.
According to TipRanks.com, Sheridan is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Roblox with a $110.18 average price target, representing a 63.4% upside. In a report issued on February 6, Freedom Capital Markets also upgraded the stock to Buy with a $85.00 price target.
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Walt Disney (DIS)
In a report issued on February 6, Helena Wang from Phillip Securities upgraded Walt Disney to Buy, with a price target of $130.00. The company’s shares closed last Friday at $108.70.
According to TipRanks.com, Wang is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walt Disney with a $135.56 average price target, representing a 27.7% upside. In a report issued on February 3, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $135.00 price target.
