KeyBanc Reiterates Overweight on Roku (ROKU) Following Checks

June 11, 2018 7:26 AM EDT
Get Alerts ROKU Hot Sheet
Price: $94.20 -2.76%

Rating Summary:
    24 Buy, 2 Hold, 3 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 4 | Down: 15 | New: 18
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KeyBanc reiterated an Overweight rating and $44.00 price target on Roku Inc. (NASDAQ: ROKU) following proprietary checks. The checks point to accelerating growth in customers on the Roku platform and for virtual MVPDs in KeyBanc's database.

In the short term, analyst Evan Wingren expects Roku's next quarterly report to be the key driver of the stock. In the medium term, execution is about garnering new OEM licensing wins and executing on the early stages of the Roku Channel.

For an analyst ratings summary and ratings history on Roku Inc. click here. For more ratings news on Roku Inc. click here.

Shares of Roku Inc. closed at $39.24 yesterday.

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