Guggenheim Upgrades Roku Inc. (ROKU) to Buy
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Roku key initiatives to drive revenue acceleration - Guggenheim
August 23, 2024 9:29 AM EDTRoku (NASDAQ: ROKU) is poised for revenue acceleration, driven by key strategic initiatives, according to analysts at Guggenheim, who upgraded the stock from Neutral to Buy in a note Friday.
The firm has set a 12-month price target of $75 for Roku shares, representing a potential 21% upside from the August 22 close of $61.81.
"We expect investor... More
