Roku’s stock is up 150% so far this year, and this new bull sees further gains

Even if the advertising market doesn’t improve, Roku Inc. shares could be primed for gains.

That’s the view of Cannonball Research analyst Vasily Karasyov, who upgraded Roku’s stock ROKU to buy from neutral over the weekend. While Karasyov doesn’t necessarily expect the advertising market to get better, he said he sees the potential for 2024 Wall Street expectations to move higher nonetheless.

“Estimates…