Roku analyst sees 35% revenue growth

Jul. 09, 2020 11:56 AM ETRoku, Inc. (ROKU)ROKUBy: Brandy Betz, SA News Editor53 Comments
  • Macquarie analyst Tim Nollen thinks Roku (NASDAQ:ROKU) will maintain revenue growth of about 35% for the next three years.
  • Nollen cites Roku's international expansion and ad buying tech benefits.
  • Roku shares hit a new five-month intraday high today. Shares are currently up 8% to $144.39.
  • The streaming company could be picking up some tailwind from Peloton hinting at a lower-priced treadmill.
  • Earlier this month, Peloton launched its app on Roku's platform with subscriptions paid through Roku Pay.

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