Benchmark Maintains Buy on Roku, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Daniel Kurnos maintains a Buy rating on Roku (NASDAQ:ROKU) but lowers the price target from $115 to $105.
April 26, 2024 | 12:13 pm
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Benchmark analyst Daniel Kurnos maintains a Buy rating on Roku but lowers the price target from $115 to $105.
The reduction in price target by Benchmark could have a mixed impact on Roku's stock in the short term. While maintaining a Buy rating indicates a positive outlook on the company, the lowered price target might cause some investors to adjust their expectations for the stock's future performance. However, the overall recommendation remains positive, suggesting that any negative impact might be limited.
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