Roku Releases Second Quarter 2020 Financial Results
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Roku Inc. (ROKU) PT Raised to $200; Well Positioned After Excellent Q2 - Macquarie Research
August 6, 2020 9:47 AM EDTMacquarie analyst Tim Nollen raised the price target on Roku Inc. (NASDAQ: ROKU) to $200.00 (from $165.00) while maintaining an Outperform rating citing an excellent Q2, peer growth comps, COVID effects, revenue raise, targeted ad placement, and international rollout.
The analyst stated "Covid effects... More
Roku Inc. (ROKU) PT Raised to $190 at Needham & Company
August 6, 2020 6:54 AM EDTNeedham & Company analyst Laura Martin raised the price target on Roku Inc. (NASDAQ: ROKU) to $190.00 (from $150.00) while maintaining a Buy rating.
The analyst commented, "ROKU's 2Q20 revenue was $356mm (up 42% y/y and 15% above our estimate) and its EBITDA Loss was $3.4mm (83%... More
