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Pivotal Research Sticks to Their Buy Rating for Roku (ROKU)

Tipranks - Tipranks - Sat Feb 14, 8:50AM CST

Pivotal Research analyst Jeffrey Wlodarczak reiterated a Buy rating on Roku today and set a price target of $140.00.

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According to TipRanks, Wlodarczak is a 4-star analyst with an average return of 3.0% and a 50.94% success rate. Wlodarczak covers the Communication Services sector, focusing on stocks such as Alphabet Class C, Netflix, and Meta Platforms.

In addition to Pivotal Research, Roku also received a Buy from Morgan Stanley’s Thomas Yeh in a report issued today. However, on the same day, UBS maintained a Hold rating on Roku (NASDAQ: ROKU).

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Based on Roku’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.21 billion and a net profit of $24.81 million. In comparison, last year the company earned a revenue of $1.06 billion and had a GAAP net loss of $9.03 million

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