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Roku Upgraded to Hold From Sell at Pivotal Research
Pivotal Research analyst Jeffrey Wlodarczak upgraded $Roku Inc (ROKU.US)$ to Hold from Sell with an unchanged price target of $60. The shares have reached a properly balanced risk/reward level and profits should be taken on short positions, Wlodarczak tells investors in a research note. Recent "encouraging" news on inflation makes a "soft landing" more realistic, says the analyst.
Firs...
Pivotal Research analyst Jeffrey Wlodarczak upgraded $Roku Inc (ROKU.US)$ to Hold from Sell with an unchanged price target of $60. The shares have reached a properly balanced risk/reward level and profits should be taken on short positions, Wlodarczak tells investors in a research note. Recent "encouraging" news on inflation makes a "soft landing" more realistic, says the analyst.
Firs...
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