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 Stock
€134.58
0.510%
With 48 Buy predictions and 1 Sell predictions Roku is one of the favorites of our community.
With a target price of 136 € there is a slightly positive potential of 1.06% for Roku compared to the current price of 134.58 €.
