Shares of the video streaming platform Roku (NASDAQ: ROKU) jumped today as investors continued snatching up shares of the company after an analyst increased his price target for the tech stock yesterday.
Shares of Roku were up by 5.4% at the close Tuesday.
Loop Capital Markets analyst Alan Gould raised his price target on the stock to $475 yesterday, up from his previous target of $450. Gould said in an investor note that, "Roku's platform revenue should also benefit by the aggressive marketing by the streaming companies."
Source Fool.com