This Roku Analyst Is No Longer Bullish Even After Strong Q3 Beat, Adjusted EBITDA Doubling
Roku posted strong Q3 growth, with 113% growth in adjusted EBITDA. A Rosenblatt analyst downgraded the stock to Neutral ahead of the Fox merger.
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Why It Matters
Roku had a great quarter with much more profit than before. But one expert thinks the stock might not keep going up from here.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.