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.

Wall Street Analysts Are Bullish on Top Communication Services Picks

Tipranks - Tipranks - Sat Jun 27, 7:32AM CDT

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

TipRanks' Prime Week Sale - 70% Off

AppLovin (APP)

In a report released today, Nat Schindler from Scotiabank reiterated a Buy rating on AppLovin, with a price target of $775.00. The company’s shares closed last Thursday at $445.93.

According to TipRanks.com, Schindler is a 3-star analyst with an average return of 2.8% and a 44.6% success rate. Schindler covers the NA sector, focusing on stocks such as Fiverr International, Nexxen International, and Alphabet Class C. ;'>

AppLovin has an analyst consensus of Strong Buy, with a price target consensus of $663.05, which is a 47.0% upside from current levels. In a report issued on June 11, Morgan Stanley also maintained a Buy rating on the stock with a $720.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Roblox (RBLX)

In a report released today, Michael Pachter from Wedbush maintained a Buy rating on Roblox, with a price target of $65.00. The company’s shares closed last Thursday at $46.39.

According to TipRanks.com, Pachter has 0 stars on 0-5 stars ranking scale with an average return of -3.7% and a 43.0% success rate. Pachter covers the NA sector, focusing on stocks such as Doubledown Interactive Co, AppLovin, and fuboTV. ;'>

Roblox has an analyst consensus of Moderate Buy, with a price target consensus of $63.21, representing a 32.4% upside. In a report issued on June 15, Citi also assigned a Buy rating to the stock with a $70.00 price target.

Read More on APP:

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.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).