JPMorgan Chase Begins Coverage on Roku with Neutral Rating

Financial services giant JPMorgan Chase & Co. has begun coverage on shares of Roku (NASDAQ:ROKU) in a report released on Monday.

The brokerage assigned a 'neutral' rating and set a price target of $160.00 on the stock, suggesting a potential upside of 1.03% from the company's current price.

This is not the first time analysts have weighed in on Roku; several other research firms have also released reports on the company recently.

Needham & Company LLC reaffirmed its 'buy' rating on shares of Roku, while Citigroup increased its price target to $157.00 and gave the company a 'neutral' rating.