Why Roku's Stock Is Trading Higher Today

Roku, Inc. ROKU shares are trading higher after Citigroup maintained a Buy rating on the stock and raised its price target from $180 to $220.

Roku operates TV streaming platform in the United States. Its TV streaming platform allows users to discover and access a variety of movies and TV episodes, as well as live sports, music, news, and others.

Roku's stock was trading up 4.12% at $196.59 per share on Thursday at the time of publication. The company has a 52-week high of $200.73 and a 52-week low of $58.22.