On Tuesday, Rosenblatt internet & media analyst Mark Zgutowicz raised his price target on shares on shares of Roku, a day before the manufacturer of streaming devices reports quarterly results. Zgutowicz notes that the firm is "incrementally more bullish on Roku’s ad revenue prospects NTM as [it] believes the pandemic has (at last) become a tipping point to more meaningful transfer of linear TV ad dollars to CTV." The Final Round pane discusses the bullish call.
Activision Blizzard beat Street expectations for EPS and revenue, reporting $0.81 EPS and $1.93B in revenue, higher than the Street expected $0.69 EPS and $1.7B in revenue. Yahoo Finance's Jared Blikre joins The Final Round
Disney unexpectedly posted an adjusted profit per share where a loss had been expected, after the coronavirus pandemic hit the company in its most lucrative theme parks, media networks and studio film businesses. Myles Udland, Seana Smith, Dan Roberts, and Jared Blikre discuss on Final Round.