JP Morgan Maintains Overweight on Roku, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Cory Carpenter maintains an Overweight rating on Roku and raises the price target from $90 to $92.
October 10, 2024 | 6:50 pm
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JP Morgan analyst Cory Carpenter has maintained an Overweight rating on Roku and increased the price target from $90 to $92, indicating a positive outlook on the stock.
The increase in price target from $90 to $92 by JP Morgan suggests a positive sentiment towards Roku's future performance. Maintaining an Overweight rating indicates that the analyst expects Roku to outperform the market, which could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100