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 Aktie
61,79 €
10,98 %
Leichte Community-Bevorzugung: Roku mit mehr Buy- als Sell-Einschätzungen.
Bei einem Kursziel von 93 € ergibt sich ein stark positives Potenzial von 50.51% für Roku im Vergleich zum aktuellen Kurs von 61.79 €.
