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Roku Stock: Headed to $255?

TheMotleyFool

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Shares of Roku (NASDAQ: ROKU) surged on Thursday, hitting a new all-time high. The stock's big jump was fueled by an optimistic note from an analyst who significantly boosted her 12-month price target for the streaming-TV specialist.

Many analysts have been growing increasingly bullish on Roku. This mounting positivity for the growth stock comes ahead of both the election and the holidays, when streaming-TV ad spots are expected to see a huge influx of demand from marketers.

Here's a closer look at why this analyst just upped her price target for the growth stock by $65.

Source Fool.com

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