JP Morgan Maintains Overweight on Roku, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Cory Carpenter maintains an Overweight rating on Roku (NASDAQ:ROKU) but lowers the price target from $90 to $80.
August 02, 2024 | 12:13 pm
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NEUTRAL IMPACT
JP Morgan analyst Cory Carpenter maintains an Overweight rating on Roku but lowers the price target from $90 to $80.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on Roku's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100