Piper Sandler assumed coverage of Roku (ROKU) with a Neutral rating and $65 price target The firm sees “much to like” with Roku, given its “pole position” within connected TV, viewership share gains, and an “impressive” beat versus guidance record. However, Roku “may be roiled” by the weakening ad market and tariffs are potential headwinds, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROKU:
- Roku price target lowered to $72 from $90 at UBS
- Roku’s Strategic Positioning and Revenue Potential in the Evolving CTV Landscape
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Now Streaming: Amazon CEO says Prime Video has positive impact on Prime business
- Trump threatens even higher tariffs on China after retaliation: Morning Buzz