Roku shares are trading higher amid volatility in growth stocks. Rosenblatt reiterated its Neutral rating on the stock.
Portfolio Pulse from Benzinga Newsdesk
Roku shares are experiencing higher trading volumes due to volatility in growth stocks. Rosenblatt has reiterated its Neutral rating on the stock.
June 07, 2023 | 5:34 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Roku shares are trading higher amid growth stock volatility, with Rosenblatt maintaining its Neutral rating on the stock.
Roku shares are trading higher due to volatility in growth stocks, which can lead to short-term price fluctuations. However, Rosenblatt's Neutral rating suggests that the stock's overall outlook remains unchanged. This combination of factors results in a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100