Roku shares are trading lower after Citigroup downgraded the stock from Buy to Neutral.
Portfolio Pulse from Benzinga Newsdesk
Roku's stock is trading lower following a downgrade from Citigroup, which changed its rating from Buy to Neutral.
August 04, 2023 | 2:01 pm
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Roku's shares are trading lower after Citigroup downgraded the stock from Buy to Neutral.
Analyst ratings often have a significant impact on a company's stock price. In this case, Citigroup's downgrade from Buy to Neutral indicates less confidence in Roku's stock, which can lead to selling pressure and a decrease in the stock price.
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