BofA analyst Brent Navon raised the firm’s price target on Roku (ROKU) to $140 from $115 and keeps a Buy rating on the shares, citing a raised calendar year 2027 free cash flow per share estimate and rolling forward the firm’s multiple one year. Roku has notable scope to keep expanding its top and bottom line and should benefit from several favorable industry trends along with company-specific actions, the analyst tells investors.
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