The Roku IPO on the Nasdaq, September 28, 2017.
Listed here are the most important calls on Wall Avenue on Monday:
Needham raised its worth goal on Roku to $150 from $120
Needham stated Roku’s “worth proposition” amongst advertisers is “rising.”
“Key take-aways from this report embrace: a) given comparable valuations, we want Roku to NFLX; b) Roku’s worth proposition to advertisers is rising; c) SVOD rev shares symbolize upside to Roku estimates in 2020 and 2021; d) Roku is the dominant web aggregator for streamed TV & film content material, like YouTube is for person generated content material, at about 1/20th the valuation. “
Cantor Fitzgerald upgraded Humana to ‘obese’ from ‘impartial’
Cantor Fitzgerald stated it favored the well being insurer’s sturdy second-quarter outcomes, development in its Medicare Benefit enterprise and efficient price administration.
“The corporate not too long ago posted sturdy 2Q19 outcomes, pushed by continued success in Medicare Benefit and price administration. MA continues to develop at a pleasant clip,…