BofA lowered the firm’s price target on Roku to $100 from $114 and keeps a Buy rating on the shares. Roku delivered another strong quarter and beat expectations across all key metrics, the analyst tells investors in a research note. The firm added that the Q4 report and Q1 guide reflect several positives.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ROKU: