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Roku Stock Will Surge 20% to $315, According to This Analyst


Shares of Roku (NASDAQ: ROKU) have already climbed 97% so far in 2020 but will surge to new all-time highs in the coming year.

That's according to Needham analyst Laura Martin. On Monday, Martin raised her price target on Roku's stock from $255 to $315 -- the highest among her Wall Street colleagues. Her new target represents potential gains for investors of roughly 20% over the stock's closing price on Friday of about $263. 

Image source: Getty Images.

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Source Fool.com

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