Benchmark Reiterates Buy on Roblox, Maintains $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mike Hickey has reiterated a Buy rating on Roblox Corporation (NYSE:RBLX) and maintained a price target of $46.
November 16, 2023 | 5:06 pm
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Benchmark analyst Mike Hickey reaffirmed a Buy rating on Roblox Corporation with a price target of $46.
The reiteration of a Buy rating by a Benchmark analyst could positively influence investor sentiment and potentially lead to a short-term increase in the stock price of Roblox Corporation. The maintained price target of $46 suggests that the analyst sees continued upside potential in the stock, which could encourage investors to maintain or enter positions in RBLX.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100