Wells Fargo upgraded Roku (ROKU) to Overweight from Equal Weight with a price target of $129, up from $74, post the Q4 report. The firm cites the company’s “visible” growth acceleration and “structural political tailwind” for the upgrade. Wells left Roku’s Q4 report “much more bullish” on the stock’s forward upside potential driven by inventory growth, home screen innovation and political tailwinds in 2026 and 2028.
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