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Why Roku Stock Is Rising Fast Today

Chris Neiger, The Motley Fool
·2 min read
Why Roku Stock Is Rising Fast Today

Shares of the television streaming platform company Roku (NASDAQ: ROKU) were rising today after a Susquehanna analyst upgraded Roku's stock and made positive comments about the company and the connected TV market. Susquehanna analyst Shyam Patil upgraded Roku's stock to positive, from the previous rating of neutral, and set a price target for its shares at $75. Patil said in a note to investors that an improvement in the streaming market, Roku's competitive position, and overall positive trends in the connected TV space were reasons to be optimistic about the company.

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