Roku Stock: Headed to $101?
Saying (NASDAQ: ROKU) stock had a good last week would be a massive understatement. Shares surged more than 50%, fueled by the company's better-than-expected third-quarter update and management's upbeat view for its business headed into the holidays.
Following the report, analysts have rushed to upgrade their 12-month price targets for the growth stock. One of the most bullish updates came from DA Davidson. The investment banking firm increased its 12-month price target for the stock by $11 to $101.
Let's see why DA Davidson's Tom Forte is so bullish on the stock.
Source Fool.com
Roku Stock
€61.79
10.980%
Our community is currently high on Roku with 34 Buy predictions and 7 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 50.51% compared to the current price of 61.79 € for Roku.
