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

Tipranks - Sat Feb 14, 6:26AM CST

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Roku (ROKUResearch Report), Yelp (YELPResearch Report) and Telus (TUResearch Report).

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Roku (ROKU)

In a report released today, Brent Navon CFA from Bank of America Securities reiterated a Buy rating on Roku, with a price target of $140.00. The company’s shares closed last Thursday at $82.93.

CFA has an average return of 7.6% when recommending Roku. ;'>

According to TipRanks.com, CFA is ranked #1705 out of 12109 analysts.

Roku has an analyst consensus of Strong Buy, with a price target consensus of $126.94, implying a 45.0% upside from current levels. In a report issued on February 6, Oppenheimer also upgraded the stock to Buy with a $105.00 price target.

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Yelp (YELP)

Bank of America Securities analyst Nitin Bansal reiterated a Sell rating on Yelp today and set a price target of $25.00. The company’s shares closed last Thursday at $22.83.

Bansal has an average return of 31.5% when recommending Yelp. ;'>

According to TipRanks.com, Bansal is ranked #4758 out of 12109 analysts.

Currently, the analyst consensus on Yelp is a Hold with an average price target of $28.33.

Telus (TU)

In a report released today, Vince Valentini from TD Cowen maintained a Buy rating on Telus, with a price target of C$21.00. The company’s shares closed last Thursday at $13.93.

According to TipRanks.com, Valentini is a 2-star analyst with an average return of 0.5% and a 55.2% success rate. Valentini covers the NA sector, focusing on stocks such as Rogers Communication, Quebecor, and BCE. ;'>

Currently, the analyst consensus on Telus is a Moderate Buy with an average price target of $15.10, representing an 8.6% upside. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a C$21.00 price target.

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