KeyCorp Increases Roku (NASDAQ:ROKU) Price Target to $150.00

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KeyCorp has raised its price target for Roku (NASDAQ:ROKU) to $150 from $140, maintaining an “overweight” rating and suggesting a nearly 29% upside. This comes after Roku surpassed Q1 estimates with $0.57 EPS and $1.25 billion in revenue, leading management to increase its annual platform revenue outlook due to strong ad demand and subscriber growth. Despite positive momentum, the company faces high valuation and execution risks, as indicated by its high P/E ratio and recent insider share sales.

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