Roku is getting a boost from strong ad sales, wrote Wedbush analyst Michael Pachter in a recent note to investors. The analyst expects the company's user gains to accelerate as the supply chain issues dissipate, "perhaps {in} early to mid-2022. He reduced his price target on ROKU stock to $365 from $415, but kept a "buy" rating on the shares.
Even more upbeat on Roku was KeyBanc, which says that the shares' positive catalysts remain powerful. It slightly lowered its price target on the stock to $430 from $460.
102823153 Kelvin : But it is dropping???