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Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Tipranks - Sat Jun 6, 1:16PM CDT

There’s a lot to be optimistic about in the Communication Services sector as 3 analysts just weighed in on ACCESS Newswire (ACCS), Walt Disney (DIS) and Roblox (RBLX) with bullish sentiments.

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ACCESS Newswire (ACCS)

Lake Street analyst Jacob Stephan reiterated a Buy rating on ACCESS Newswire today and set a price target of $12.00. The company’s shares closed last Friday at $5.92.

According to TipRanks.com, Stephan is a 5-star analyst with an average return of 22.4% and a 55.2% success rate. Stephan covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Sequans Communications S A, and Research Solutions. ;'>

Currently, the analyst consensus on ACCESS Newswire is a Moderate Buy with an average price target of $12.50.

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Walt Disney (DIS)

Rosenblatt Securities analyst Barton Crockett maintained a Buy rating on Walt Disney today and set a price target of $126.00. The company’s shares closed last Friday at $99.19.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 5.8% and a 55.2% success rate. Crockett covers the NA sector, focusing on stocks such as Emerald Expositions Events, Sirius XM Holdings, and Alphabet Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Walt Disney with a $133.17 average price target, which is a 33.6% upside from current levels. In a report issued on June 1, Goldman Sachs also maintained a Buy rating on the stock with a $164.00 price target.

Roblox (RBLX)

Wedbush analyst Michael Pachter maintained a Buy rating on Roblox today and set a price target of $65.00. The company’s shares closed last Friday at $41.46.

According to TipRanks.com, Pachter is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.4% and a 43.1% success rate. Pachter covers the NA sector, focusing on stocks such as Doubledown Interactive Co, AppLovin, and fuboTV. ;'>

Currently, the analyst consensus on Roblox is a Moderate Buy with an average price target of $68.96, which is a 59.4% upside from current levels. In a report issued on May 25, Citi also assigned a Buy rating to the stock with a $70.00 price target.

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