Buy this streaming stock ahead of its earnings report later this month, says JPMorgan
Roku could exceed Wall Street’s estimates for its second-quarter results, according to JPMorgan. “We believe Roku is well positioned to deliver a beat/raise qtr, with ad spend largely stable in 2Q and China tariff de-escalation,” analyst Cory A Carpenter said. JPMorgan reiterated an overweight rating on the streaming stock in a Friday note and raised…