JPMorgan raised the firm’s price target on Roku (ROKU) to $115 from $92 and keeps an Overweight rating on the shares. Roku reported a Q4 beat across revenue and adjusted EBITDA and provided a 2025 outlook above Street estimates, the analyst tells investors in a research note. The firm increased estimates, saying Roku’s year of monetization is off to a strong start.
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Read More on ROKU:
- Roku Stock: Strong Q4 2024 Performance with Limited Upside Potential Justifies Hold Rating
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- Roku price target raised to $115 from $95 at JMP Securities