Stifel Maintains Buy on Roblox, Lowers Price Target to $41
Portfolio Pulse from jenniferd'souza@benzinga.com
Stifel analyst Drew Crum has maintained a 'Buy' rating on Roblox (NYSE:RBLX), but lowered the price target from $47 to $41.
August 10, 2023 | 3:30 pm
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Stifel analyst has maintained a 'Buy' rating on Roblox but lowered the price target from $47 to $41.
The news is directly about Roblox and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target may indicate a potential downside, which could lead to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100