ROKU - What's Going On With Roku Stock Ahead Of Earnings? | Benzinga
Roku, Inc. (NASDAQ:ROKU) shares are trading higher Tuesday ahead of its earnings report on Thursday.
What To Know:
Roku shares dipped last week in sympathy with Netflix, Inc. (NASDAQ:NFLX) which fell after it reportedfirst-quarter results and announced it will stop releasing subscription figures each quarter.
Last Friday, Wedbush analyst Michael Pachter maintained an Outperform rating on Roku, but lowered the price target from $120 to $80. Benchmark reiterated its Buy rating and $115 price target on the stock.
Roku is set to report its first-quarter financial results after the market close on Thursday and will host a conference call to discuss the results at 5:00 p.m. the same ...