Jefferies Maintains Underperform on Roku, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst James Heaney maintains an Underperform rating on Roku and lowers the price target from $60 to $55.
November 01, 2024 | 5:09 pm
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Jefferies analyst James Heaney has maintained an Underperform rating on Roku and reduced the price target from $60 to $55, indicating a bearish outlook.
The maintenance of an Underperform rating and the reduction of the price target from $60 to $55 by Jefferies suggests a negative outlook on Roku's stock performance. This is likely to put downward pressure on the stock price in the short term as investors react to the bearish sentiment.
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IMPORTANCE 80
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