ROKU - Roku maintains Outperform rating by expanding free cash flow: Wedbush
2024-04-19 09:00:16 ET
"Coupled with industry-wide headwinds in media and entertainment spending, we think Roku’s focus on expanding positive EBITDA in 2024 may inhibit its ability to compete on the ecommerce front," Reese added. "We did not include any revenue from ecommerce in our model, but our premium multiple included upside from it."...
Roku maintains Outperform rating by expanding free cash flow: Wedbush