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Analysts Offer Insights on Communication Services Companies: Yelp (YELP), AppLovin (APP) and Telus (TU)

Tipranks - Tipranks - Wed May 13, 4:12AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Yelp (YELP), AppLovin (APP) and Telus (TU).

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Yelp (YELP)

KeyBanc analyst Sergio Segura maintained a Hold rating on Yelp today. The company’s shares closed last Monday at $25.28.

According to TipRanks.com, Segura is ranked #9524 out of 12246 analysts.

Yelp has an analyst consensus of Hold, with a price target consensus of $27.50, implying a 1.6% upside from current levels. In a report issued on May 8, Goldman Sachs also maintained a Hold rating on the stock with a $24.00 price target.

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AppLovin (APP)

Phillip Securities analyst Paul Chew maintained a Buy rating on AppLovin today and set a price target of $635.00. The company’s shares closed last Monday at $478.42, close to its 52-week high of $525.15.

According to TipRanks.com, Chew is a 5-star analyst with an average return of 20.7% and a 66.4% success rate. Chew covers the Technology sector, focusing on stocks such as Palantir Technologies, Salesforce, and Venture. ;'>

AppLovin has an analyst consensus of Strong Buy, with a price target consensus of $646.00, representing a 41.6% upside. In a report issued on April 28, TipRanks – PerPlexity also upgraded the stock to Buy with a $509.00 price target.

Telus (TU)

In a report released today, Kannan Venkateshwar from Barclays maintained a Hold rating on Telus, with a price target of $14.00. The company’s shares closed last Monday at $12.58.

According to TipRanks.com, Venkateshwar is a 4-star analyst with an average return of 8.7% and a 55.2% success rate. Venkateshwar covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Warner Music Group. ;'>

Telus has an analyst consensus of Moderate Buy, with a price target consensus of $14.63, implying a 15.3% upside from current levels. In a report issued on May 10, Canaccord Genuity also maintained a Hold rating on the stock with a C$16.75 price target.

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