Morgan Stanley Maintains Underweight on Roku, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an 'Underweight' rating on Roku (NASDAQ:ROKU) but raised the price target from $50 to $55.

August 04, 2023 | 9:33 am
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Morgan Stanley has maintained an 'Underweight' rating on Roku but raised the price target from $50 to $55.
While the 'Underweight' rating suggests that Morgan Stanley expects Roku's stock to underperform, the raised price target indicates a slightly more positive outlook. However, the overall impact is likely to be neutral in the short term as the two factors balance each other out.
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