Roku’s stock gets an upgrade as one analyst sees a bottom

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Roku’s stock gets an upgrade as one analyst sees a bottom
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Roku shares nabbed an upgrade Monday, with an analyst at Susquehanna saying that certain trends for the streaming-media company may have bottomed in late 2022.

Roku Inc. shares nabbed an upgrade Monday, with an analyst at Susquehanna Financial Group saying that certain trends for the streaming-media company may have bottomed late last year.

... Roku Inc. shares nabbed an upgrade Monday, with an analyst at Susquehanna Financial Group saying that certain trends for the streaming-media company may have bottomed late last year. Patil also sees encouraging trends beyond scatter ads. His industry checks “indicate that the broader [connected TV] market is generally healthy and should see a tailwind from the upfronts,” he said.

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