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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100