Seaport Global Initiates Coverage On Roku with Neutral Rating
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst David Joyce has initiated coverage on Roku (NASDAQ:ROKU) with a Neutral rating.
October 06, 2023 | 2:40 pm
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NEUTRAL IMPACT
Roku has been initiated with a Neutral rating by Seaport Global.
Analyst ratings can influence the market's perception of a stock. A neutral rating suggests that the analyst believes the stock will perform in line with the market, neither outperforming nor underperforming. This could potentially limit any significant movement in Roku's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 70
RELEVANCE 100