Wells Fargo Maintains Equal-Weight on Roku, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall maintains an Equal-Weight rating on Roku and raises the price target from $72 to $74.
October 31, 2024 | 8:16 pm
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Wells Fargo has maintained its Equal-Weight rating on Roku and increased the price target from $72 to $74, indicating a slightly positive outlook.
The increase in price target from $72 to $74 by Wells Fargo suggests a slightly positive sentiment towards Roku's stock. Maintaining an Equal-Weight rating indicates that the analyst sees the stock performing in line with the market. The change in price target, although modest, could lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100