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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROKU:
- Roku price target raised to $105 from $100 at Guggenheim
- Roku price target raised to $120 from $100 at Pivotal Research
- Roku price target raised to $101 from $75 at Rosenblatt
- Roku price target raised to $113 from $100 at Wells Fargo
- Roku’s Strong Q2 Performance and Strategic Initiatives Drive Buy Rating with $110 Price Target