Previous Close | 0.3100 |
Open | 0.3100 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 145.00 |
Expire Date | 2024-12-20 |
Day's Range | 0.3100 - 0.3100 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Shares of Roku (ROKU) are climbing after JPMorgan (JPM) and Seaport Research both came out with bullish calls on the TV streaming company. JPMorgan lifted Roku's price target to $90 from $80 and reaffirmed its Overweight rating. Meanwhile, Seaport Global raised the company's price target to $85 from $74 and maintained its Buy rating. Morning Brief Hosts Brad Smith and Madison Mills report more on these bullish calls and analyze Roku's performance over the last year. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 5.4% in the afternoon session as stocks rallied after the Fed slashed its policy rate by 50bps (0.5%) to 4.75%-5.00%. This marks the first rate cut since 2021, when the Federal Open Market Committee, led by Fed Chair Jerome Powell, began raising rates to tackle inflation. On delivering the outsized cut, the Fed acknowledged the improved conviction that inflation is moving sustainably toward its 2% target. To round out its focus on fulfil
SAN JOSE, Calif., September 18, 2024--Today, Roku (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced the launch of Roku Ads Manager, a direct self-service solution designed for CTV performance. With TV ad spending shifting further away from linear and digital-native marketers eager to diversify beyond search and social, Roku Ads Manager is custom-built to help growth marketers succeed.