Stock Track | Roku Inc Soars 5.07% Intraday After Arete Upgrades to Buy and Raises Price Target to $132

Stock Track01-06

Roku Inc (ROKU) saw its stock price soar by 5.07% during intraday trading on Monday, following a significant upgrade by Arete from Neutral to Buy. The firm also raised its price target for Roku to $132 from $73, signaling strong confidence in the company's future performance.

According to FactSet, Roku currently holds an average rating of overweight among analysts, with a mean price target of $118.33. The upgrade and revised price target by Arete likely contributed to the bullish sentiment driving the stock's upward movement.

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