From Financial Modeling Prep: 2025-03-04 11:28:00

MoffettNathanson analysts have upgraded Roku (NASDAQ:ROKU) from Sell to Neutral, with a new price target of $70.00. The shift in rating reflects confidence in Roku’s upcoming performance, despite lingering long-term concerns. Earlier, the firm had downgraded Roku in January, but now expects the company to exceed expectations in the near future.

Analysts predict that 2025 could be a “beat-and-raise” year for Roku, with potential performance surpassing initial projections. While long-term concerns about valuation remain, the immediate outlook for the company looks more promising. The upgrade to Neutral reflects a more optimistic view on Roku’s short-term prospects, despite caution for the long run.



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