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Top related persons:
Dan Jedda - 2 Alan Gould - 1 Gould - 1 Roku - 1 CNBC's Michael Bloom - 1 Wells - 1 Goldman Sachs - 1 Morgan Stanley - 1
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Wednesday's 3Q23 Vail
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Street - 1 Barclays - 1 JBL - 1 EV - 1 HSBC - 1 Citi - 1 Micron Citi - 1 Micron - 1

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3 mentions found


☆ Higher valuation leaves 'less margin of error' for this streaming stock, Loop Capital says
  + stars: | 2023-09-07 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
A higher valuation has raised the stakes for Roku and pushed Loop Capital to the sidelines. Analyst Alan Gould downgraded the streaming stock to hold from buy while keeping his price target at $85. Ultimately, he said the stock is trading at a valuation that leaves less of a cushion. Roku shares slipped 1.5% before the bell Thursday after climbing almost 3% in Wednesday's session. ROKU YTD mountain Roku shares this year — CNBC's Michael Bloom contributed to this report
Persons: Alan Gould, Gould, Roku, Dan Jedda, CNBC's Michael Bloom Locations: Wednesday's
☆ Here are Thursday's biggest analyst calls: Nvidia, Meta, Apple, Netflix, Roku, McDonald's, Micron & more
  + stars: | 2023-09-07 | by ( Michael Bloom | ) www.cnbc.com   time to read: +8 min
Here are Thursday's biggest calls on Wall Street: Barclays initiates Jabil and Flex as overweight Barclays initiated several technology manufacturers Thursday and said it sees margin expansion. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating on the stock heading into Apple's iPhone event next week. Barclays initiates LPL Financial as overweight Barclays said the financial services company is a "solid organic grower at reasonable valuation." Barclays downgrades Seagate to equal weight from overweight Barclays downgraded Seagate mainly on valuation. Morgan Stanley reiterates Meta as overweight Morgan Stanley said it's staying bullish on shares of Meta.
Persons: Wells, Goldman Sachs, Morgan Stanley, McDonald's, Apple, it's, Jefferies, Canaccord, Johnson, Bernstein, Tesla, underperform Bernstein, Raymond James, Dell, Dan Jedda, Stifel, Riley downgrades Crocs, Riley, Truist, Raymond James downgrades Dave, Buster's, Guggenheim, Meta Organizations: Street, Barclays, JBL, EV, HSBC, Citi, Micron Citi, Micron, Oracle, Johnson, JPMorgan, Netflix, Tesla, DELL, Bank of America, Cloud Computing, LPL, Vail Resorts, Seagate, CyberArk Software Ltd, Meta, Nvidia Locations: 3Q23, Vail
☆ Roku hires Stitch Fix's Dan Jedda as finance chief
  + stars: | 2023-03-08 | by ( ) www.reuters.com   time to read: +1 min
March 8 (Reuters) - Streaming service Roku Inc (ROKU.O) said on Wednesday it has hired former finance chief of personalized styling service company Stitch Fix Inc (SFIX.O) Dan Jedda as its chief financial officer. Roku had in its latest earnings report said it will cut costs while forecasting better-than-expected quarterly revenue on higher ad spends on the platform. Jedda's departure from Stitch Fix, which was announced by the company on Tuesday, comes months after the exit of its chief executive amid workforce cuts. Stitch Fix also missed estimates for its second-quarter results and lowered its full-year revenue forecast, signaling waning interest for its curated apparel boxes. Reporting by Yuvraj Malik in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
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