Shares of Roku (NASDAQ: ROKU) climbed on Thursday, following bullish analyst commentary. As of 2:32 p.m. EDT today, the streaming media company's stock price was up more than 3%.
Guggenheim Partners analyst Michael Morris raised his rating on Roku's shares from neutral to buy. He now sees the stock's price rising roughly 18% to $395 in the year ahead.
Roku's shareholders could be in store for handsome gains. Image source: Getty Images.
Source Fool.com