KeyBanc analyst Justin Patterson raised the firm’s price target on Roku (ROKU) to $140 from $130 and keeps an Overweight rating on the shares. The firm sees Roku’s Q1 results tracking ahead of expectations, reflecting no major Ad disruption from the war and an ongoing ramp of Subscription revenue. While energy prices may keep the raise to annual guidance measured, KeyBanc would view this as a sign of management conservatism. I
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