Roku: Data Points to a Q3 Earnings Beat, Says 5-Star Analyst

October is the month of tricks or treats, and Roku (ROKU) investors are hoping for more of the latter. Roku shares are up 17% this month, and according to the Street’s biggest fan, there’s more upside on the way. Needham analyst Laura Martin raised her price target from $190 to a Street high of $255, suggesting room for a 15% uptick from current levels. Needless to say, the 5-star analyst’s rating stays a Buy. (To watch Martin’s track record, click here)With Q3 earnings around the corner, Martin argues several data points suggest upside for ROKU’s 3Q20 results.Recent eMarketer data suggests, …read more

Source:: Yahoo Finance

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