Analysts’ Opinions Are Mixed on These Communication Services Stocks: Reddit Inc Class A (RDDT), Sirius XM Holdings (SIRI) and Roblox (RBLX)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Reddit Inc Class A (RDDT), Sirius XM Holdings (SIRI) and Roblox (RBLX).Claim 55% Off TipRanksReddit Inc Class A (RDDT)In a report released today, Laura Martin from Needham maintained a Buy rating on Reddit Inc Class A, with a price target of $300.00. The company’s shares closed last Thursday at $147.23.According to TipRanks.com, Martin is a 5-star analyst with an average return of 8.3% and a 51.4% success rate. Martin covers the NA sector, focusing on stocks such as Nexxen International, Paramount Skydance, and Alphabet Class A. ;'>Currently, the analyst consensus on Reddit Inc Class A is a Moderate Buy with an average price target of $221.13, which is a 50.6% upside from current levels. In a report issued on April 21, D.A. Davidson also initiated coverage with a Buy rating on the stock with a $200.00 price target.See today’s best-performing stocks on TipRanks >>Sirius XM Holdings (SIRI)In a report released today, Cameron Mansson-Perrone from Morgan Stanley maintained a Sell rating on Sirius XM Holdings, with a price target of $24.00. The company’s shares closed last Thursday at $26.94.According to TipRanks.com, Mansson-Perrone is a 3-star analyst with an average return of 4.3% and a 51.7% success rate. Mansson-Perrone covers the NA sector, focusing on stocks such as StubHub Holdings Incorporation Class A, Live Nation Entertainment, and Warner Music Group. ;'>Sirius XM Holdings has an analyst consensus of Hold, with a price target consensus of $27.83, which is a 7.0% upside from current levels. In a report released today, Bank of America Securities also maintained a Sell rating on the stock with a $20.00 price target.Roblox (RBLX)In a report released today, Chris Schoell from UBS maintained a Hold rating on Roblox, with a price target of $49.00. The company’s shares closed last Thursday at $55.26.According to TipRanks.com, Schoell is ranked #3702 out of 12214 analysts.Currently, the analyst consensus on Roblox is a Moderate Buy with an average price target of $85.33, which is a 53.2% upside from current levels. In a report released today, J.P. Morgan also maintained a Hold rating on the stock with a $50.00 price target.Read More on RDDT:Disclaimer & DisclosureReport an Issue
