Barclays Maintains Underweight on Roblox, Lowers Price Target to $26
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Mario Lu has maintained an Underweight rating on Roblox (NYSE:RBLX) and lowered the price target from $32 to $26.
August 10, 2023 | 2:26 pm
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Barclays has maintained an Underweight rating on Roblox and lowered the price target from $32 to $26.
The lowered price target by Barclays indicates a bearish outlook for Roblox. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100