Piper Sandler raised the firm’s price target on Roku (ROKU) to $140 from $135 and keeps an Overweight rating on the shares. The firm says Roku’s consistent messaging around growth in the ads business via DSP partnerships, expansion of content, plus mid-teens increase in streaming hours is beginning to strike a chord. Q4 results were solid and Q1 and FY26 guidance handily above prior forecasts, Piper adds.
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