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Analysts Offer Insights on Communication Services Companies: Roku (ROKU), Elauwit Connection, Inc. (ELWT) and AT&T (T)

Tipranks - Tipranks - Thu Apr 2, 8:50AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Roku (ROKU), Elauwit Connection, Inc. (ELWT) and AT&T (T).

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Roku (ROKU)

Piper Sandler analyst Thomas Champion maintained a Buy rating on Roku today and set a price target of $140.00. The company’s shares closed last Wednesday at $96.33, close to its 52-week high of $104.96.

According to TipRanks.com, Champion is a 4-star analyst with an average return of 4.8% and a 48.1% success rate. Champion covers the NA sector, focusing on stocks such as Zillow Group Class A, Reddit Inc Class A, and Alphabet Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Roku with a $129.83 average price target, representing a 37.2% upside. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $135.00 price target.

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Elauwit Connection, Inc. (ELWT)

In a report released today, George Sutton from Craig-Hallum reiterated a Buy rating on Elauwit Connection, Inc., with a price target of $12.00. The company’s shares closed last Wednesday at $6.46.

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. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Elauwit Connection, Inc. with a $12.00 average price target.

AT&T (T)

Evercore ISI analyst Kutgun Maral maintained a Hold rating on AT&T today and set a price target of $28.00. The company’s shares closed last Wednesday at $28.77.

According to TipRanks.com, Maral is a 3-star analyst with an average return of 1.8% and a 45.7% success rate. Maral covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Liberty Media Liberty Formula One, and Live Nation Entertainment. ;'>

Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $30.97, implying a 6.8% upside from current levels. In a report released yesterday, Barclays also assigned a Hold rating to the stock with a $26.00 price target.

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