Why Roku Rallied 20% This Week
Shares of streaming device platform (NASDAQ: ROKU) rallied 19.5% through Thursday trading, according to data from S&P Global Market Intelligence.
This week, Roku didn't make any company-specific announcements. However, not one but two Wall Street analysts highlighted Roku as a potential buyout candidate.
Things got interesting for Roku right off the bat Monday, when analysts at Guggenheim pointed to the benefits of a potential tie-up between Roku and programmatic advertising superstar The Trade Desk (NASDAQ: TTD).
Source Fool.com
Roku Stock
€132.52
1.550%
The stock is one of the favorites of our community with 47 Buy predictions and 1 Sell predictions.
However, we have a potential of -1.15% for Roku as the target price of 131 € is below the current price of 132.52 €.
