Why Roku Stock Rallied on Friday
Shares of (NASDAQ: ROKU) charged out of the gate Friday, jumping as much as 14.2%. As of 12:34 p.m. ET, the stock was still up 12.3%.
The catalyst that propelled the streaming video pioneer higher was an upgrade and bullish commentary from a Wall Street analyst.
Guggenheim analyst Michael Morris upgraded Roku stock to a buy from neutral (hold) while raising his price target to $75. For investors keeping track at home, that represents potential upside of 21% for investors compared to Thursday's closing price.
Source Fool.com
Roku Aktie
135,56 €
-0,57 %
Die Roku Aktie genießt hohe Beliebtheit: Mehr Buy- (48) als Sell-Einschätzungen (1).
Die Roku Aktie trifft das Community-Kursziel von 136 € mit dem aktuellen Kurs von 135.56 €.
