Wedbush Maintains Outperform on Roku, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter maintains an Outperform rating on Roku and raises the price target from $75 to $85.
October 25, 2024 | 3:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wedbush analyst Michael Pachter has maintained an Outperform rating on Roku and increased the price target from $75 to $85, indicating a positive outlook on the stock.
The increase in price target from $75 to $85 by Wedbush, along with maintaining an Outperform rating, suggests a positive sentiment towards Roku's future performance. This is likely to have a positive short-term impact on Roku's stock price as investors may view this as a sign of confidence in the company's growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100