Needham Reiterates Buy on Roku, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin reiterates a Buy rating on Roku (NASDAQ:ROKU) and maintains a $100 price target.
May 17, 2024 | 10:50 am
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Needham analyst Laura Martin has reiterated a Buy rating on Roku and maintained a $100 price target, indicating continued confidence in the company's growth prospects.
The reiteration of a Buy rating and the maintenance of a $100 price target by a reputable analyst suggests strong confidence in Roku's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100