Susquehanna upgraded Roku (NASDAQ:ROKU) yesterday to Positive from Neutral with a price target of $75.00, noting that despite near-term noise, it believes the long-term connected TV (CTV) opportunity remains intact. The firm continues to see Roku as a prime beneficiary of the secular shift of linear budgets. Argus upgraded JM Smucker (NYSE:SJM) to Buy from Hold with a price target of $170.00 based on the company's current growth prospects and efforts to divest less profitable businesses.
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like MT, PAGS, CNA, SKM and PLUS hold promise.
PAGS vs. PSFE: Which Stock Is the Better Value Option?