Piper Sandler Maintains Overweight on Roblox, Raises Price Target to $50-Report released on 8th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion has maintained an Overweight rating on Roblox (NYSE:RBLX) and raised the price target from $45 to $50.
November 09, 2023 | 9:14 pm
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POSITIVE IMPACT
Roblox's price target has been raised from $45 to $50 by Piper Sandler, which maintains an Overweight rating on the stock.
The raised price target and maintained Overweight rating by Piper Sandler indicates a positive outlook for Roblox. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100