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Analysts Offer Insights on Communication Services Companies: Sphere Entertainment (SPHR) and Yelp (YELP)

Tipranks - Tipranks - Tue Feb 10, 8:34AM CST

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Sphere Entertainment (SPHR – Research Report) and Yelp (YELP – Research Report) with bullish sentiments.

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Sphere Entertainment (SPHR)

Craig-Hallum analyst Ryan Sigdahl maintained a Buy rating on Sphere Entertainment today. The company’s shares closed last Friday at $93.21.

According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of 5.8% and a 41.2% success rate. Sigdahl covers the NA sector, focusing on stocks such as Rush Street Interactive, Inspired Entertainment, and Sportsman’s Warehouse. ;'>

Sphere Entertainment has an analyst consensus of Moderate Buy, with a price target consensus of $106.67.

See today’s best-performing stocks on TipRanks >>

Yelp (YELP)

Craig-Hallum analyst Jason Kreyer maintained a Buy rating on Yelp today. The company’s shares closed last Friday at $24.42.

According to TipRanks.com, Kreyer is a 4-star analyst with an average return of 4.5% and a 35.1% success rate. Kreyer covers the Technology sector, focusing on stocks such as Gloo Holdings, Inc. Class A, Zeta Global Holdings Corp, and Creative Realities. ;'>

Yelp has an analyst consensus of Hold, with a price target consensus of $32.67, a 34.6% upside from current levels. In a report issued on January 30, TipRanks – xAI also upgraded the stock to Buy with a $31.00 price target.

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