Why Roku Stock Rallied on Friday

The streaming pioneer got some love from Wall Street. Shares of Roku (ROKU 12.49%) charged out of the gate Friday, jumping as much as 14.2%. As of 12:34 p.m. ET, the stock was still up 12.3%. The catalyst that propelled the streaming video pioneer higher was an upgrade and bullish commentary from a Wall Street analyst. A compelling opportunity Guggenheim analyst Michael Morris upgraded Roku stock to a buy from neutral (hold) while raising his price target to $75. For investors keeping track at home, that re ...