MoffettNathanson Upgrades Roku to Neutral, Announces $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
MoffettNathanson analyst Michael Nathanson has upgraded Roku (NASDAQ:ROKU) from Sell to Neutral and announced a $55 price target.
October 31, 2023 | 12:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Roku's stock has been upgraded from Sell to Neutral by MoffettNathanson, with a new price target of $55.
The upgrade from Sell to Neutral by MoffettNathanson indicates a more positive outlook for Roku's stock. The new price target of $55 also suggests potential upside for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100