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Analysts Offer Insights on Communication Services Companies: Roku (ROKU) and Snap (SNAP)

Tipranks - Tipranks - Tue Jun 16, 8:17AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Roku (ROKU) and Snap (SNAP) with bullish sentiments.

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Roku (ROKU)

Needham analyst Laura Martin assigned a Buy rating to Roku today and set a price target of $170.00. The company’s shares closed last Friday at $143.66.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 10.5% and a 52.0% success rate. Martin covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Nexxen International, and Paramount Skydance. ;'>

Roku has an analyst consensus of Strong Buy, with a price target consensus of $156.15, representing a 25.1% upside. In a report issued on June 13, TipRanks – DeepSeek also upgraded the stock to Buy with a $158.00 price target.

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Snap (SNAP)

B. Riley Securities analyst Naved Khan maintained a Buy rating on Snap today and set a price target of $10.00. The company’s shares closed last Friday at $5.26.

According to TipRanks.com, Khan is a 5-star analyst with an average return of 16.2% and a 58.7% success rate. Khan covers the NA sector, focusing on stocks such as Booking Holdings, Expedia, and Airbnb. ;'>

Snap has an analyst consensus of Hold, with a price target consensus of $7.92.

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