UBS analyst John Hodulik keeps a Neutral rating on Roku (ROKU) with a $73 price target after the company’s CFO Dan Jedda presented at its conference. For 2025, management remains focused on improving monetization and growing the platform business, the analyst tells investors in a research note. Roku views recent competitive announcements in the television operating system market as a reflection of the market opportunity and believes it has a first mover advantage, the firm adds. UBS says the company expects to continue to do business with Walmart (WMT) going forward despite the Vizio acquisition. Roku is bullish on revenue platform growth and does not believe the Vizio takeover changes its outlook, the analyst notes.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROKU:
- Roku price target raised to $80 from $70 at Loop Capital
- Roku price target raised to $100 from $85 at Wedbush
- Salesforce up after Q3, GM outlines $5B in China business charges: Morning Buzz
- ROKU Stock Surges after Needham Says It Is a Prime Takeover Target
- Unusually active option classes on open December 4th