Piper Sandler analyst Thomas Champion raised the firm’s price target on Roku (ROKU) to $148 from $140 and keeps an Overweight rating on the shares. The firm notes Roku delivered strong Q1 results, beating on both top-line and margins. Platform revenue growth accelerated to 28% year-over-year. Management raised 2026 guidance, but Piper believes there could be upside to second half of the year guidance as it looks conservative. Roku continues to execute well, and the firm expects strong momentum to continue.
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