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Guggenheim Remains a Buy on Roku (ROKU)

Guggenheim Remains a Buy on Roku (ROKU)

Globe and Mail9 hours ago
In a report released today, Michael Morris from Guggenheim reiterated a Buy rating on Roku (ROKU – Research Report), with a price target of $100.00. The company's shares opened today at $86.74.
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Morris covers the Communication Services sector, focusing on stocks such as Spotify, Paramount Global Class B, and Meta Platforms. According to TipRanks, Morris has an average return of 16.0% and a 58.82% success rate on recommended stocks.
In addition to Guggenheim, Roku also received a Buy from Citizens JMP's Matthew Condon in a report issued today. However, on June 18, Citi maintained a Hold rating on Roku (NASDAQ: ROKU).
ROKU market cap is currently $12.75B and has a P/E ratio of -120.50.
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