It’s all falling into place for Roku (ROKU). Actually, that’s not quite an appropriate description of the streaming platform’s prowess. For Roku, everything was already going swimmingly during the pandemic; the coronavirus provided a meaningful tailwind to streamers as the stay-at-home mandates resulted in elevated viewing figures and an uptick to new subscribers. However, any worries that the numbers would drop as society returns to normal patterns are misplaced, according to Deutsche Bank analyst Jeffrey Rand. Following the analyst’s latest industry checks, Rand came away confident that streaming viewership will “hold up well in 2Q despite economies reopening.
https://www.tipranks.com/news/article/lockdown-or-reopening-either-way-roku-is-a-winner-says-analyst
Roku (NASDAQ:ROKU)
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