Needham’s analyst Laura Martin maintains Buy rating for Roku (ROKU) and raises price target to $100, citing improving labor productivity metrics and expected positive trajectory with new CFO. ROKU’s revenue-based labor efficiency grew 34% over 3 years, behind only Amazon and Meta Platforms.
Latest Ratings for ROKU
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Morgan Stanley | Maintains | Underweight | |
| Feb 2022 | Benchmark | Maintains | Buy | |
| Feb 2022 | Guggenheim | Maintains | Buy |