Morgan Stanley downgrades Roku to underweight

Roku shares fell on Monday after Morgan Stanley issued a downgrade on the stock. Analyst Benjamin Swinburne argued that while Roku’s stock is up almost 400% year-to-date, the streaming company has “structurally lower gross margins”. Yahoo Finance’s Dan Roberts, Brian Cheung and Sibile Marcellus discuss on YFi AM. …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.