Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Morgan Stanley Says to Sell Roku

TheMotleyFool

0 0

Shares of Roku (NASDAQ: ROKU) tanked yesterday after Morgan Stanley analyst Benjamin Swinburne downgraded the stock from equalweight to underweight, or the equivalent of a sell rating. The analyst also increased his price target from $100 to $110, which may sound counterintuitive but factors in Roku's massive rally this year (the stock has more than quadrupled in 2019).

Here's why Swinburne thinks it's time to bail on the streaming TV platform.

Image source: Roku.

Source Fool.com

Like: 0

ROKU

Share