Piper Sandler Maintains Neutral on Roku, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Matt Farrell maintains a Neutral rating on Roku and raises the price target from $60 to $75.

October 31, 2024 | 6:25 pm
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Piper Sandler has maintained a Neutral rating on Roku but increased the price target from $60 to $75, indicating a more optimistic outlook.
The increase in price target from $60 to $75 suggests a more positive outlook on Roku's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100