Roku (ROKU) Q2 Revenues Top Views, up 42%

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Roku (ROKU) Climbs 3.7%

August 7, 2020 10:16 AM EDT

Roku (NASDAQ: ROKU) Climbs 3.7%

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Roku Inc. (ROKU) PT Raised to $200; Well Positioned After Excellent Q2 - Macquarie Research

August 6, 2020 9:47 AM EDT

Macquarie 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 EDT

Needham & 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