Buy Roku on the dip: 'Exceptional platform' to drive double-digit upside, says analyst

Patrick T. Fallon | Bloomberg | Getty Images

Roku's stock presents a compelling buying opportunity, according to Wedbush Securities, which upgraded the video streaming company to outperform from neutral on Thursday.

Analyst Michael Pachter told clients in a note that the recent pullback in the company's shares offered savvy investors a good entry point.