Very interesting post on SeekingAlpha…
https://seekingalpha.com/news/3567007-rokuplus-3_7-d-davidso…
Roku +3.7% as D.A. Davidson looks for OTT positives
Apr. 30, 2020 10:22 AM ET|About: Roku, Inc. (ROKU)|By: Jason Aycock, SA News Editor
Roku (NASDAQ:ROKU) is up 3.7% after D.A. Davidson reiterated its Buy rating.
That move comes after the firm got a look at Alphabet’s Q1 results, pointing out some mixed implications for over-the-top video. On the one hand, branded ad revenue fell significantly in mid-March and further into April.
But in an OTT positive, YouTube revenues grew 33.5% Y/Y.
Davidson has a $150 price target on ROKU, implying 21% upside.
Street analysts are Bullish on ROKU, as are Seeking Alpha authors; the stock has a Quant Rating of Neutral.