Bull Note Boosts Struggling Streaming Stock

Roku Inc (NASDAQ:ROKU) stock is 2.8% higher at $70.80 at last glance following a bull note at Baird. The analyst upgraded shares of the streaming giant to "outperform" from "neutral," and hiked its price target to$90 from $70.In its note, Baird said, despite ROKU's 23% year-to-date deficit, there's plenty of long-term potential that investors are "overlooking." In addition, the brokerage firm cited industry trends, the company's strategic innovations, and early performance indicators as catalysts for its u ...