Rosenblatt Maintains Neutral on Roku, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett maintains a Neutral rating on Roku (NASDAQ:ROKU) and lowers the price target from $89 to $61.
August 02, 2024 | 10:38 pm
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Rosenblatt analyst Barton Crockett maintains a Neutral rating on Roku and lowers the price target from $89 to $61.
The lowered price target from $89 to $61 by Rosenblatt suggests a less optimistic outlook for Roku's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100