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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Roblox (RBLX) and Pinterest (PINS)

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Roblox (RBLXResearch Report) and Pinterest (PINSResearch Report).

Roblox (RBLX)

Oppenheimer analyst Martin Yang maintained a Hold rating on Roblox today. The company’s shares closed last Monday at $39.35.

According to TipRanks.com, Yang is a 1-star analyst with an average return of -3.5% and a 40.0% success rate. Yang covers the Technology sector, focusing on stocks such as Universal Display, Unity Software, and Sony Group.

Roblox has an analyst consensus of Moderate Buy, with a price target consensus of $45.17.

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

Pinterest (PINS)

Piper Sandler analyst Thomas Champion reiterated a Buy rating on Pinterest today and set a price target of $44.00. The company’s shares closed last Monday at $39.67, close to its 52-week high of $40.95.

According to TipRanks.com, Champion is a 1-star analyst with an average return of -1.2% and a 45.2% success rate. Champion covers the NA sector, focusing on stocks such as Endeavor Group Holdings Inc, IAC/InteractiveCorp., and Zillow Group Class A.

Pinterest has an analyst consensus of Strong Buy, with a price target consensus of $44.38, an 11.1% upside from current levels. In a report issued on January 26, Evercore ISI also maintained a Buy rating on the stock with a $50.00 price target.

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