Roku Stock Jumps on Higher-than-Estimated Results, JPMorgan Raises Price Target
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Roku's stock surged by 15% in premarket trading following the release of better-than-expected fourth-quarter results. JPMorgan responded by raising its price target for the company.
February 14, 2025 | 1:45 pm
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Roku's stock price increased by 15% in premarket trading due to better-than-expected Q4 results. JPMorgan has raised its price target for the company.
The significant premarket stock price increase is directly linked to Roku's strong Q4 performance, which exceeded expectations. The positive sentiment is further reinforced by JPMorgan's decision to raise its price target, indicating confidence in Roku's future performance.
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