Loop Capital raised the firm’s price target on Roku (ROKU) to $110 from $100 and keeps a Buy rating on the shares. The company’s Q2 results beat on all metrics, the analyst tells investors in a research note. Roku offers a unique combination of a hardware platform, content and data provider, the firm added.
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Read More on ROKU:
- Roku price target raised to $105 from $100 at Guggenheim
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- Roku’s Strong Q2 Performance and Strategic Initiatives Drive Buy Rating with $110 Price Target
