1 Wall Street Analyst Thinks Roku Is Going to $105. Is It a Buy?
Shares of Roku (NASDAQ: ROKU) were already in the dumps coming into its first-quarter earnings report last Thursday, but investors hoping for a recovery got a rude awakening. The streaming distribution platform fell 10% on the update, as investor patience about meaningful profitability seems to be running thin.
However, one analyst is still bullish on Roku in spite of its recent underperformance. Benchmark lowered its price target on Roku from $115 to $105 following the report, but reiterated a buy rating.
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Source Fool.com
Roku Stock
€52.89
-2.120%
Currently there is a rather positive sentiment for Roku with 27 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 75.84% for Roku compared to the current price of 52.89 €.
