Roku gains after Jefferies upgrades to 'hold'

Roku

20/02/2025 09:38

** Shares of streaming platform Roku  ROKU.O  rise 1.3% to
$93.61 in premarket trading
    ** Jefferies upgrades to "hold" from "underperform"; raises
PT to $100 from $55
    ** Brokerage expects continued growth in FY25 driven by
programmatic benefits and stronger data integration with
partners like Yahoo and Google
    ** Last week, co forecast annual revenue above Wall-St
estimates
    ** Analysts average rating is "hold", with a median PT of
$104 - LSEG
    ** As of last close, stock has risen ~24% YTD

 (Reporting by Rashika Singh in Bengaluru)
 ((rashika.singh@thomsonreuters.com))