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Bank of America bullish on Roku: Improved macroeconomic sentiment and partnership with Amazon will bring benefits.

04/07/2025

According to the Wise Finance APP, a Bank of America analyst reiterated a bullish rating on Roku (ROKU.US), with a target price raised from $100 to $110, citing improved macroeconomic sentiment and the recent announcement of a partnership with Amazon (AMZN.US) as positive factors. It is worth mentioning that the new target price represents a potential increase of about 25% from Roku's closing price on US stocks on Thursday.

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Market analysis: The Norwegian krone is expected to recover from the decline after the interest rate cut.

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