Roku price target raised to $140 from $115 at BofA

Group 1 - BofA analyst Brent Navon raised the price target on Roku (ROKU) to $140 from $115, maintaining a Buy rating on the shares [1] - The increase in price target is attributed to a raised calendar year 2027 free cash flow per share estimate and rolling forward the firm's multiple by one year [1] - Roku has significant potential for expanding both its top and bottom lines, benefiting from favorable industry trends and company-specific actions [1]