Time for Roku (ROKU) Shorts to Cover - Needham & Company

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Go back to Time for Roku (ROKU) Shorts to Cover - Needham & Company

Needham & Company Issues Blunt Warning to Roku (ROKU) Short Sellers

February 2, 2018 10:42 AM EST

Shares of Roku (NASDAQ: ROKU) are positive on the session, up over 1%, after Needham & Company affirmed ROKU's 'Buy' rating and $50 price target while offering strong cautionary commentary to short-sellers of the company.

Analyst Laura Martin identifies multiple potential upside catalysts for ROKU shares into the company's 4Q17 earnings report on February 21st, that could result in management "over-delivering guidance." Martin's upside catalysts for... More