Roku stock (ticker: ROKU), up nearly 280% in 2019 through Thursday’s close, was up 3.6% to $120.27 near 5 p.m. as RBC Capital Markets analyst Mark Mahaney upgraded the shares to Outperform from Sector Perform, boosting his price target by $48 to $155, above FactSet’s $132 average. Mahaney sees Roku as “one of the strongest plays” in streaming video, particularly because of its capacity to increase advertising revenue. Read More...
Roku stock (ticker: ROKU), up nearly 280% in 2019 through Thursday’s close, was up 3.6% to $120.27 near 5 p.m. as RBC Capital Markets analyst Mark Mahaney upgraded the shares to Outperform from Sector Perform, boosting his price target by $48 to $155, above FactSet’s $132 average. Mahaney sees Roku as “one of the strongest plays” in streaming video, particularly because of its capacity to increase advertising revenue.
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