Roblox (NYSE:RBLX – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday, Wall Street Zen reports.
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RBLX has been the topic of several other research reports. Piper Sandler reiterated a “neutral” rating and set a $47.00 price objective (down from $50.00) on shares of Roblox in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft downgraded Roblox from a “buy” rating to a “hold” rating and reduced their target price for the company from $56.00 to $38.00 in a research note on Friday, July 31st. Moffett Nathanson reaffirmed a “neutral” rating and issued a $40.00 target price on shares of Roblox in a research report on Monday, August 3rd. B. Riley Financial cut their price target on Roblox from $80.00 to $45.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. Finally, Jefferies Financial Group lowered Roblox from a “hold” rating to an “underperform” rating and set a $38.00 price target on the stock. in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $60.79.
Get Our Latest Analysis on RBLX
Roblox Stock Performance
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