Roblox (NYSE:RBLX – Get Free Report) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.
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Several other brokerages have also recently issued reports on RBLX. BTIG Research cut shares of Roblox from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. DA Davidson lowered their price objective on shares of Roblox from $47.50 to $45.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Barclays raised Roblox from an “equal weight” rating to an “outperform” rating in a research report on Monday, June 29th. Wolfe Research assumed coverage on Roblox in a report on Friday, May 1st. They set an “outperform” rating on the stock. Finally, Cantor Fitzgerald initiated coverage on Roblox in a research report on Monday, June 29th. They issued an “overweight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Roblox currently has a consensus rating of “Moderate Buy” and an average price target of $85.48.
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Roblox Stock Performance
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