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.

January 24, 2024 | 4:51 pm
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Benchmark analyst Mike Hickey reaffirmed a Buy rating on Roblox Corporation with a $46 price target.
The reiteration of a Buy rating by a Benchmark analyst is a positive signal to investors, suggesting confidence in the company's future performance. Maintaining a price target of $46 indicates the analyst's belief that the stock has the potential to reach or exceed this value in the short term, which could influence investor sentiment and drive the stock price upward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100