Needham Reiterates Buy on Roku, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has reiterated a Buy rating on Roku and maintained a $100 price target.
October 31, 2024 | 1:22 pm
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Needham analyst Laura Martin has reiterated a Buy rating on Roku, maintaining a $100 price target, indicating confidence in Roku's potential for growth.
The reiteration of a Buy rating and maintenance of a $100 price target by a reputable analyst suggests positive sentiment and potential upside for Roku's stock. This could lead to increased investor confidence and buying activity, positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100