Bulls Flock to Roku Stock After Analyst Upgrade

Roku Inc (NASDAQ:ROKU) stock surging today, last seen up 6.3% to trade at $74.55 at last glance, after Wolfe Research upgraded the streaming giant to "outperform" from "peer perform," and set its price objective at$93. There is plenty of room for more analysts to turn bullish. Coming into today, 14 of the 24 firms in coverage called the stock a tepid "hold" or worse, while the 12-month consensus target price of $71.44 is a slim 4.3% premium to current levels. It's also worth noting 7.9% of Roku stock's ava ...