Guggenheim analyst Michael Morris raised the firm’s price target on Roku (ROKU) to $105 from $100 and keeps a Buy rating on the shares. The Q2 beat and management raising their full year revenue and adjusted EBITDA guidance “projects confidence in sustainable long-term growth,” the analyst tells investors.
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Read More on ROKU:
- Roku price target raised to $120 from $100 at Pivotal Research
- Roku price target raised to $101 from $75 at Rosenblatt
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