Streaming TV Viewers in the U.S. Could Surpass Traditional Pay TV Viewers in Five Years

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Pivotal Research Starts Roku Inc. (ROKU) at Sell, Asks 'ROKU BROKU?', Issues $60 PT

September 20, 2019 4:24 AM EDT

Pivotal Research analyst Jeffrey Wlodarczak initiates coverage on Roku Inc. (NASDAQ: ROKU) with a Sell rating and a price target of $60.00.

The analyst comments "We see dramatically more competition emerging that will likely drive the cost of OTT devices to zero and put material... More