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BUZZ-Roku gains after Jefferies upgrades to 'hold'

ReutersFeb 20, 2025 9:38 AM

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

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