Loop Capital Downgrades Roku to Hold, Announces $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Alan Gould has downgraded Roku (NASDAQ:ROKU) from Buy to Hold and announced a price target of $85.
September 07, 2023 | 9:39 am
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Roku has been downgraded from Buy to Hold by Loop Capital, with a new price target of $85.
The downgrade from Buy to Hold by Loop Capital indicates a less optimistic outlook for Roku's stock. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $85 also suggests a potential downside from the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100