Movement Alert｜Roku Intraday Rise 5.07% in Regular Trading, Morgan Stanley Raises Target Price to $170 Boosting Sentiment

Market Focus

06/13

On June 13, Roku rose 5.07% in regular trading, trading at $125.92/share, with turnover of $226 million. The rally was driven by Morgan Stanley raising its target price on Roku from $150 to $170 while maintaining an Overweight rating.

The updated target price implies approximately 35% upside from current levels, providing strong support for recent share price momentum. As a leading TV streaming platform, Roku reported EPS of $0.57 in its most recent quarter ended March, demonstrating solid fundamentals. The investment bank remains bullish on Roku's long-term growth potential in streaming advertising and content distribution, with the target price revision continuing to fuel buying interest among market participants.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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The rally was driven by Morgan Stanley raising its target price on Roku from $150 to $170 while maintaining an Overweight rating.</p><p>The updated target price implies approximately 35% upside from current levels, providing strong support for recent share price momentum. As a leading TV streaming platform, Roku reported EPS of $0.57 in its most recent quarter ended March, demonstrating solid fundamentals. The investment bank remains bullish on Roku's long-term growth potential in streaming advertising and content distribution, with the target price revision continuing to fuel buying interest among market participants.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ROKU","symbol_name":"Roku Inc","start_time":0,"source_url":"","article_id":"1165211841","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1165211841","pubTimestamp":1781282496,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 13, Roku rose 5.07% in regular trading, trading at $125.92/share, with turnover of $226 million. 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