Roku Expands Roku TV Licensing Program Into Europe

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Oppenheimer Reiterates Outperform Rating on Roku (ROKU) Amid International Expansion

September 9, 2019 7:33 AM EDT

Oppenheimer analyst Jason Helfstein reiterated an Outperform rating and $120.00 price target on Roku Inc. (NASDAQ: ROKU) after the company formally announced the expansion of its TV OS licensing program to Europe through a partnership with Hisense.

Helfstein commented, "Roku's announcement finally provides investors some color... More