Piper Sandler raised the firm’s price target on Roku (ROKU) to $84 from $65 and keeps a Neutral rating on the shares. The firm says it finds itself increasingly bullish on the prospects for Roku platform revenue in 2026. The expanded Amazon (AMZN) DSP partnership should help. The combination drives impressive U.S. CTV HH reach at 80MM and buying opportunities for advertisers look differentiated, Piper adds. The firm is raising its 2026 Platform revenue forecast to 12% year-over-year growth from 9% prior.
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