Roku shares are trading higher after Guggenheim upgraded the stock from Neutral to Buy and announced a $75 price target.
Portfolio Pulse from Benzinga Newsdesk
Roku shares have risen following an upgrade from Guggenheim, which changed its rating from Neutral to Buy and set a price target of $75.
August 23, 2024 | 2:41 pm
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Roku's stock price increased after Guggenheim upgraded its rating from Neutral to Buy, setting a new price target of $75.
The upgrade from Guggenheim is a positive signal to investors, suggesting confidence in Roku's future performance. The new price target of $75 indicates potential upside, likely driving short-term stock price increases.
CONFIDENCE 90
IMPORTANCE 80
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