Is Roku Stock Going to $80? 1 Wall Street Analyst Thinks So.
Shares of (NASDAQ: ROKU) are down about 46% from a peak they set last year, but Wall Street's still bullish for the streaming platform.
Susquehanna analyst Shyam Patil recently lowered his firm's price target for Roku to $80 per share and maintained a positive rating. The reduced target still implies a gain of about 38% from recent prices.
Roku's been operating since 2002, but it's still losing money. Last year, it lost a stunning $709 million.
Source Fool.com
Roku Stock
€57.00
-1.440%
Currently there is a rather positive sentiment for Roku with 28 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 63.16% for Roku compared to the current price of 57.0 €.
