Pivotal Research Maintains Sell on Roku, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Pivotal Research analyst Jeffrey Wlodarczak maintains a 'Sell' rating on Roku (NASDAQ:ROKU) but raises the price target from $53 to $58.
July 28, 2023 | 10:42 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Despite the 'Sell' rating maintained by Pivotal Research, the raised price target from $53 to $58 indicates a potential upside for Roku.
The 'Sell' rating suggests that the analyst believes Roku's stock price will decline. However, the raised price target from $53 to $58 indicates that the analyst sees some potential upside. This mixed signal could lead to uncertainty in the market, potentially keeping the stock price stable in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100