MoffettNathanson analyst Michael Nathanson upgrades $Roku Inc (ROKU.US)$ to a hold rating, and adjusts the target price from $66 to $80.
According to TipRanks data, the analyst has a success rate of 57.4% and a total average return of 5.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Roku Inc (ROKU.US)$'s main analysts recently are as follows:
The firm anticipates an enhancement in Roku's platform revenue growth which has prompted a revision of their FY25 revenue and EPS estimates to $4.6B and (95c) from $4.5B and ($1.28), indicating a more optimistic outlook.
The company continues to express confidence in achieving all the goals it has previously discussed. Incremental optimism is growing for the company's stock as it navigates through a significant period of evolution in its organization, strategy, and product innovation.
Note:
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