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Roku price target raised to $160 from $130 at Susquehanna

Susquehanna analyst Shyam Patil raised the firm’s price target on Roku (ROKU) to $160 from $130 and keeps a Positive rating on the shares. The firm said they reported a strong beat and raise to start the year, as momentum continues to build around the company’s various growth initiatives. Susquehanna continues to see ROKU as one of the best positioned companies to capture the massive CTV opportunity.

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