Citi Downgrades Roku Inc. (ROKU) to Neutral, 'Revenue Reacceleration Priced In'

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Roku (ROKU) revenue reacceleration priced in, Citi sees limited upside from here

August 3, 2023 10:48 AM EDT

Roku (NASDAQ: ROKU) was cut to Neutral from Buy at Citi on Thursday, with analyst Jason Bazinet raising the firm's price target on the stock to $100 from $75 per share.

Bazinet stated that his firm is moving to the sidelines as they feel... More