Susquehanna analyst Shyam Patil raised the firm’s price target on Roku (ROKU) to $130 from $110 and keeps a Positive rating on the shares. The firm said they posted a solid quarter and continues to execute against its growth initiatives and sees a sizable opportunity to increase monetization across its platform going forward.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROKU:
- Morning Movers: Brighthouse Financial surges after take-private deal report
- Roku price target raised to $85 from $80 at Morgan Stanley
- Roku price target raised to $115 from $105 at JPMorgan
- Roku price target raised to $116 from $113 at Wells Fargo
- Roku’s Strong Financial Performance and Growth Prospects Justify Buy Rating and Raised Price Objective