Wirecard investor DWS says has sold down position, considering legal action

Bullish Roku Analyst Weighs Coronavirus Impact, Says Platform Is 'Winning Aggregator' In Streaming

Roku Inc (NASDAQ: ROKU) is likely to face a near-term hiccup but is better positioned the medium- and long-term, according to a Needham analyst. The Roku Analyst: Laura Martin has a Buy rating on Roku shares with a $150 price target. The Roku Thesis: COVID-19's negative impact on Roku will be at its worst in the second quarter, but the impact will mitigate as 2020 wears on, Martin said in a Thursday note. (See her track record here.)Hours streamed will be strong again in the second quarter, likely rising 46% year-over-year, and year-over-year active account growth is expected to accelerate from 37% from the first quarter to 39% in the second quarter, the analyst said. The weak spot is likely to be large ad categories such as autos, entertainment and travel, with year-over-year growth likely slowing from 108% in the first quarter to 38% in the second quarter, she said. Needham...