Oppenheimer raised the firm’s price target on Roku (ROKU) to $120 from $105 and keeps an Outperform rating on the shares following quarterly results. The company is guiding FY26 Platform revenue 2%/4% above Opco/Street. Oppenheimer notes 3P partnerships are ramping through FY26, though Amazon (AMZN) not yet meaningful to revenue, representing FY27 tailwind.
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