Wedbush Upgrades Roblox to Outperform, Announces $37 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick McKay has upgraded Roblox (NYSE:RBLX) from Neutral to Outperform and announced a price target of $37.

August 10, 2023 | 1:38 pm
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Roblox has been upgraded from Neutral to Outperform by Wedbush analyst Nick McKay, with a new price target of $37.
The upgrade from Neutral to Outperform by a Wedbush analyst indicates a positive outlook for Roblox. The new price target of $37 also suggests potential upside for the stock. This news is likely to be positively received by the market, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100