Roku shares rise after analyst raises streaming video company's price target [CNBC]
KeyCorp (KEY)
Last keycorp earnings: 4/16 06:30 am
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Source: CNBC
KeyBanc Capital Markets reiterates its overweight rating for Roku shares, citing positive data from a consumer survey. The firm's analyst also notes strong search volume trends for Roku in the U.S. Published 1 Hour Ago Updated Moments Ago CNBC.com Brendan McDermid | Reuters People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it's IPO at the Nasdaq Marketsite in New York, September 28, 2017. Roku shares will turn around after a disappointing start this year, according to KeyBanc Capital Markets The firm raised its price target to $54 from $44 for Roku shares, representing 12 percent upside to Monday’s close. The firm reiterated its overweight rating for the company, citing positive data from a consumer survey. The company sells streaming video players and licenses its operating system to television manufacturers, which enables consumers to watch
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