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Analysts Offer Insights on Communication Services Companies: Roblox (RBLX) and Anterix (ATEX)

Tipranks - Tue Apr 7, 10:58AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Roblox (RBLX) and Anterix (ATEX) with bullish sentiments.

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Roblox (RBLX)

In a report released today, Jason Bazinet from Citi assigned a Buy rating to Roblox, with a price target of $90.00. The company’s shares closed last Monday at $57.56.

According to TipRanks.com, Bazinet is a 5-star analyst with an average return of 14.7% and a 58.1% success rate. Bazinet covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Liberty Media Liberty Formula One, and Madison Square Garden Sports. ;'>

Currently, the analyst consensus on Roblox is a Moderate Buy with an average price target of $107.86, implying an 80.4% upside from current levels. In a report issued on March 24, Bank of America Securities also maintained a Buy rating on the stock with a $165.00 price target.

See the top stocks recommended by analysts >>

Anterix (ATEX)

In a report released today, George Sutton from Craig-Hallum maintained a Buy rating on Anterix. The company’s shares closed last Monday at $40.85, close to its 52-week high of $42.91.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 20.4% and a 47.7% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Applied Digital Corporation, and Core Scientific Inc. ;'>

Anterix has an analyst consensus of Moderate Buy.

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