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Why Roku Stock Popped Today

TheMotleyFool

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Shares of Roku (NASDAQ: ROKU) rose on Wednesday, following bullish analyst commentary. As of 11:35 a.m. EST, the streaming-media platform's stock price was up more than 5%.

Citi analyst Jason Bazinet reiterated his buy rating on Roku's shares and boosted his price forecast from $220 to $375. Bazinet's new target price represents potential gains for investors of roughly 17% from the stock's current price near $320.

Roku's shares have plenty of upside ahead, according to analysts at investment bank Citi. Image source: Getty Images.

Source Fool.com

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