Skip to main content

Analysts’ Opinions Are Mixed on These Communication Services Stocks: Roku (ROKU) and Optimum Communications Inc Class A (OPTU)

Tipranks - Sat Feb 14, 5:06AM CST

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Roku (ROKUResearch Report) and Optimum Communications Inc Class A (OPTUResearch Report).

Valentine's Day Sale - 70% Off

Roku (ROKU)

KeyBanc analyst Justin Patterson maintained a Buy rating on Roku today. The company’s shares closed last Thursday at $82.93.

According to TipRanks.com, Patterson is a 4-star analyst with an average return of 7.0% and a 45.1% success rate. Patterson covers the NA sector, focusing on stocks such as IAC/InteractiveCorp., Zillow Group Class A, and Alphabet Class A. ;'>

Roku has an analyst consensus of Strong Buy, with a price target consensus of $129.42, implying a 47.8% upside from current levels. In a report issued on February 6, Oppenheimer also upgraded the stock to Buy with a $105.00 price target.

See the top stocks recommended by analysts >>

Optimum Communications Inc Class A (OPTU)

Barclays analyst Kannan Venkateshwar maintained a Hold rating on Optimum Communications Inc Class A today and set a price target of $2.00. The company’s shares closed last Thursday at $1.68, close to its 52-week low of $1.52.

According to TipRanks.com, Venkateshwar is a 4-star analyst with an average return of 8.7% and a 55.6% success rate. Venkateshwar covers the NA sector, focusing on stocks such as Charter Communications, Warner Music Group, and New York Times. ;'>

Currently, the analyst consensus on Optimum Communications Inc Class A is a Hold with an average price target of $2.00, representing a 13.6% upside. In a report issued on January 30, TipRanks – OpenAI also upgraded the stock to Hold with a $1.50 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.