A number of firms have modified their ratings and price targets on shares of Roku (NASDAQ: ROKU) recently:

  • 11/29/2017 – Roku was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $50.90 price target on the stock.
  • 11/27/2017 – Roku had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $50.00 price target on the stock, up previously from $28.00.
  • 11/27/2017 – Roku was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $43.26 price target on the stock.
  • 11/26/2017 – Roku was downgraded by analysts at Oppenheimer Holdings Inc. to an “underperform” rating. They now have a $28.00 price target on the stock.
  • 11/21/2017 – Roku was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $43.26 price target on the stock.
  • 11/14/2017 – Roku was downgraded by analysts at UBS AG from a “market perform” rating to an “underperform” rating.
  • 11/14/2017 – Roku had its “underperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/9/2017 – Roku had its price target raised by analysts at Morgan Stanley from $22.00 to $25.00. They now have an “equal weight” rating on the stock.
  • 11/9/2017 – Roku had its “sector perform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $28.00 price target on the stock, up previously from $26.00.
  • 10/23/2017 – Roku is now covered by analysts at William Blair. They set an “outperform” rating on the stock.
  • 10/23/2017 – Roku is now covered by analysts at CIBC. They set a “market perform” rating on the stock.
  • 10/23/2017 – Roku is now covered by analysts at Oppenheimer Holdings Inc.. They set a “market perform” rating and a $26.00 price target on the stock.
  • 10/23/2017 – Roku is now covered by analysts at Citigroup Inc.. They set a “neutral” rating and a $24.00 price target on the stock.
  • 10/23/2017 – Roku is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $28.00 price target on the stock.
  • 10/23/2017 – Roku is now covered by analysts at Royal Bank Of Canada. They set a “sector perform” rating and a $26.00 price target on the stock.
  • 10/23/2017 – Roku is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $22.00 price target on the stock.

Shares of Roku, Inc. (ROKU) traded down $1.82 during trading on Tuesday, reaching $41.73. 5,744,100 shares of the company were exchanged, compared to its average volume of 10,932,358. Roku, Inc. has a 1 year low of $15.75 and a 1 year high of $51.80. The company has a debt-to-equity ratio of -0.09, a quick ratio of 1.11 and a current ratio of 1.36.

Roku (NASDAQ:ROKU) last released its quarterly earnings data on Wednesday, November 8th. The company reported ($0.10) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.68) by $1.58. The business had revenue of $124.80 million during the quarter, compared to analyst estimates of $110.47 million. The company’s revenue for the quarter was up 40.1% on a year-over-year basis. sell-side analysts forecast that Roku, Inc. will post -2.32 EPS for the current year.

In other Roku news, major shareholder Mv Management X, L.L.C. sold 6,900,000 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $14.00, for a total value of $96,600,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Roku, Inc operates television streaming platform. The Company connects users to streaming content, enables content publishers to build and monetize audiences and provides advertisers with capabilities to engage consumers. Its Roku platform allows users to personalize their content selection with cable television replacement offerings and other streaming services that suit their budget and needs.

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