Loop Capital analyst Alan Gould raised his price target on Roku to $45 after its Q4 earnings beat and its better than expected FY19 guidance. The analyst sees the company as well positioned in the evolution of the TV ecosystem toward streaming as it continues to gain market share of connected TVs. Gould is keeping his Hold rating on the stock however, warning about "substantial potential competition" and a large amount of insider selling. With the stock up 68% year to date, the analyst also notes that it is "difficult to justify the valuation on traditional metrics".