KeyBanc Believes Roku Inc (ROKU) Won’t Stop Here


In a report released today, Evan Wingren from KeyBanc maintained a Buy rating on Roku Inc (NASDAQ: ROKU), with a price target of $81. The company’s shares closed yesterday at $68.71, close to its 52-week high of $69.70.

Wingren has an average return of 56.9% when recommending Roku Inc.

According to TipRanks.com, Wingren is ranked #477 out of 4869 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Roku Inc with a $57.17 average price target.

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The company has a one-year high of $69.70 and a one-year low of $15.75. Currently, Roku Inc has an average volume of 8.48M.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock.

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Roku Inc. engages in the provision of a streaming platform for television. It operates through the following business segments: Player and Platform. The Player segment consists of net sales of streaming media players and accessories through retailers and distributors, as well as directly to customers through the company’s website.

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