B of A Securities Maintains Buy on Roku, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ruplu Bhattacharya maintains a Buy rating on Roku (NASDAQ:ROKU) but lowers the price target from $85 to $75.

August 02, 2024 | 5:37 pm
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B of A Securities analyst Ruplu Bhattacharya maintains a Buy rating on Roku but lowers the price target from $85 to $75.
The Buy rating suggests continued confidence in Roku's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
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