ROKU Crosses Above Average Analyst Target
October 15, 2018 at 08:19 AM EDT
In recent trading, shares of Roku Inc (ROKU) have crossed above the average analyst 12-month target price of $59.91, changing hands for $60.41/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..