Why is Roku (ROKU) Stock Up 10% Over Today
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Roku (ROKU): Truist Says YouTube Deal Removes a Key Short-Term Overhang, Needham Sees 115% Upside From Current Levels
December 9, 2021 9:28 AM ESTYesterday, Roku (NASDAQ: ROKU) and Google (NASDAQ: GOOGL) announced they agreed to a deal that will see the former keep YouTube on its streaming platform.
Two companies agreed to a multi-year extension for both YouTube and YouTube TV, they said. Financial terms for the deal were not disclosed while an agreement came after Google threatened to remove YouTube from Rokus platform.
Truist analyst Matthew Thornton reiterated a Buy rating and... More
Roku's (ROKU) New YouTube Deal Demonstrates its Power - Susquehanna
December 8, 2021 11:59 AM ESTSusquehanna analyst Shyam Patil reiterated a Positive rating and $380.00 price target on Roku Inc. (NASDAQ: ROKU) saying today's deal to keep YouTube and YouTube TV on the platform demonstrating the company's crucial role in CTV.
The analyst commented, "ROKU and GOOGL reached a multi-year agreement to keep the YouTube and YouTube TV apps on the ROKU... More
