Roku Blazes Higher on Huge Upgrade: 5 Big Analyst Calls | Pro Recap | Investing.com

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Roku Blazes Higher on Huge Upgrade: 5 Big Analyst Calls | Pro Recap | Investing.com
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*THE WEEK'S 5 BIGGEST ANALYST CALLS: ROKU BLAZES HIGHER ON HUGE DOUBLE UPGRADE - $ROKU $ZG $OXY $MAR $ATVI

Goldman has a positive view on the company's valuation, addressing the robust free cash flow and strength in the"up-stream portfolio." On FCF, Goldman elaborated,"The magnitude of free cash flow that can be returned to shareholders and to redeem preferred equity.

" Moreover, regarding the assets,"We believe the Upstream portfolio is underappreciated, with high quality assets in the Middle East and Permian (where productivity is positively surprising in the Delaware for OXY."Shares actually were sold on the upgrade, as some market participants assume that Goldman upgrades serve to signal that the firm is unloading the equity from its own portfolio via its internal trade desk.

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