** Shares of streaming platform Roku ROKU.O rise 1.3% to $93.61 in premarket trading
** Jefferies upgrades to "hold" from "underperform"; raises PT to $100 from $55
** Brokerage expects continued growth in FY25 driven by programmatic benefits and stronger data integration with partners like Yahoo and Google
** Last week, co forecast annual revenue above Wall-St estimates
** Analysts average rating is "hold", with a median PT of $104 - LSEG
** As of last close, stock has risen ~24% YTD
(Reporting by Rashika Singh in Bengaluru)
((rashika.singh@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.