Piper Sandler Reiterates Neutral on Roku, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt Farrell has reiterated a Neutral rating on Roku (NASDAQ:ROKU) and lowered the price target from $81 to $65.
April 26, 2024 | 2:23 pm
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Piper Sandler has maintained a Neutral rating on Roku but reduced the price target from $81 to $65.
The reduction in price target by Piper Sandler suggests a bearish outlook on Roku's short-term price potential, likely influencing investor sentiment and potentially leading to a decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100