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Analysts Offer Insights on Communication Services Companies: Roku (ROKU) and Yelp (YELP)

Tipranks - Tipranks - Sat May 16, 5:32AM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Roku (ROKU) and Yelp (YELP).

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Roku (ROKU)

Needham analyst Laura Martin maintained a Buy rating on Roku today and set a price target of $140.00. The company’s shares closed last Thursday at $125.85.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 9.6% and a 50.4% success rate. Martin covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Nexxen International, and Paramount Skydance. ;'>

Currently, the analyst consensus on Roku is a Strong Buy with an average price target of $150.16, implying a 19.0% upside from current levels. In a report issued on May 1, TipRanks – DeepSeek also upgraded the stock to Buy with a $130.00 price target.

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Yelp (YELP)

Morgan Stanley analyst Matthew Cost maintained a Sell rating on Yelp today and set a price target of $24.00. The company’s shares closed last Thursday at $21.08.

According to TipRanks.com, Cost is a 1-star analyst with an average return of -1.6% and a 48.6% success rate. Cost covers the NA sector, focusing on stocks such as DoubleVerify Holdings, Zillow Group Class C, and Playtika Holding. ;'>

Yelp has an analyst consensus of Hold, with a price target consensus of $27.33.

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