Jefferies Maintains Buy on Roblox, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Andrew Uerkwitz maintains a Buy rating on Roblox (NYSE:RBLX) but lowers the price target from $38 to $34.

October 05, 2023 | 6:02 pm
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Jefferies analyst Andrew Uerkwitz maintains a Buy rating on Roblox but lowers the price target from $38 to $34.
The news is directly related to Roblox and is likely to influence investor sentiment. While the maintained Buy rating is positive, the lowered price target could indicate a potential downside, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100