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Why Roku Stock Rose Today

TheMotleyFool

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Shares of Roku (NASDAQ: ROKU) climbed on Thursday, following bullish analyst commentary. As of 2:32 p.m. EDT today, the streaming media company's stock price was up more than 3%.

Guggenheim Partners analyst Michael Morris raised his rating on Roku's shares from neutral to buy. He now sees the stock's price rising roughly 18% to $395 in the year ahead.

Roku's shareholders could be in store for handsome gains. Image source: Getty Images.

Source Fool.com

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