Susquehanna Maintains Positive on Roku, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil maintains a Positive rating on Roku (NASDAQ:ROKU) but lowers the price target from $110 to $80.
April 29, 2024 | 12:50 pm
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Susquehanna maintains a Positive rating on Roku but lowers the price target from $110 to $80.
The reduction in Roku's price target by Susquehanna, despite maintaining a Positive rating, could lead to short-term negative sentiment among investors. This adjustment reflects a lowered expectation for Roku's stock price performance in the near term, potentially impacting investor confidence and the stock's market price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100