Macquarie Maintains Outperform on Roku, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Tim Nollen maintains an Outperform rating on Roku and raises the price target from $72 to $90.
October 03, 2024 | 7:03 pm
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Macquarie analyst Tim Nollen has maintained an Outperform rating on Roku and increased the price target from $72 to $90, indicating a positive outlook for the stock.
The increase in price target from $72 to $90 by Macquarie suggests a strong positive sentiment towards Roku's future performance. The Outperform rating indicates that the analyst expects Roku to perform better than the market average, which is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100