Truist Securities Maintains Hold on Roku, Raises Price Target to $80
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Matthew Thornton has maintained a 'Hold' rating on Roku (NASDAQ:ROKU) and raised the price target from $65 to $80.
July 31, 2023 | 3:39 pm
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Roku's price target has been raised from $65 to $80 by Truist Securities, while maintaining a 'Hold' rating.
The increase in Roku's price target by Truist Securities indicates a positive outlook for the stock. However, the 'Hold' rating suggests that the stock is fairly valued at the moment, and investors may want to hold off on buying more shares until there is a more favorable price point.
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