Yahoo Finance Live's Brian Sozzi reports that Deutsche Bank will maintain a 'Buy' rating on Roku shares.
BRIAN SOZZI: All right. And before we head to break, let's highlight another stock we continue to watch here this morning. After an impressive night at the Oscars for the streaming giant, Deutsche Bank is out defending Roku. Worth noting, though, Roku stock has crashed almost 50% this year amid slowing sales and subscriber growth.
Deutsche Bank analyst, Jeffrey Rand, contends the company remains the market leader for streaming platforms, viewers, and ad dollars. The analyst reiterated a buy rating on Roku shares.