Morgan Stanley Reiterates Underweight on Roku, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has reiterated an 'Underweight' rating on Roku (NASDAQ:ROKU) and maintained a $50 price target.
July 27, 2023 | 4:53 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Morgan Stanley has reiterated an 'Underweight' rating on Roku, maintaining a $50 price target.
The 'Underweight' rating from Morgan Stanley suggests that the firm believes Roku's stock is expected to underperform compared to other stocks in the market. This could potentially lead to a decrease in Roku's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100