Roku Stock: Headed to $101?
Saying (NASDAQ: ROKU) stock had a good last week would be a massive understatement. Shares surged more than 50%, fueled by the company's better-than-expected third-quarter update and management's upbeat view for its business headed into the holidays.
Following the report, analysts have rushed to upgrade their 12-month price targets for the growth stock. One of the most bullish updates came from DA Davidson. The investment banking firm increased its 12-month price target for the stock by $11 to $101.
Let's see why DA Davidson's Tom Forte is so bullish on the stock.
Source Fool.com
Roku Stock
€136.34
1.680%
The stock is one of the favorites of our community with 48 Buy predictions and 1 Sell predictions.
However, we have a potential of -0.25% for Roku as the target price of 136 € is below the current price of 136.34 €.
