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Roku Stock Eyes Best Day of 2024 After Upgrade
ROKURoku(ROKU) Schaeffers Investment Research·2024-08-23 14:08

ROKU is on track for its best day since November after a rare upgrade Roku Inc (NASDAQ:ROKU) is up 9.1% to trade at 67.44thismorning,ontrackforitsbestsinglesessiongainsinceNovember.ThiscomesafterGuggenheimupgradedthestreamingstockto"buy"from"neutral"andsetitspriceobjectiveat67.44 this morning, on track for its best single-session gain since November. This comes after Guggenheim upgraded the streaming stock to "buy" from "neutral" and set its price objective at 75. The analyst in coverage highlighted several revenue drivers, including home screen ads and original content. The upgrade is notable because the brokerage bunch leans bearish, with 15 of the 24 analyst ...