Wedbush Maintains Outperform on Roblox, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick McKay has maintained an Outperform rating on Roblox (NYSE:RBLX) and increased the price target from $53 to $56.

February 08, 2024 | 1:42 pm
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Wedbush analyst Nick McKay has reaffirmed an Outperform rating on Roblox and raised the price target from $53 to $56.
The increase in price target by a reputable analyst like Nick McKay suggests a positive outlook on Roblox's financial health and growth prospects. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
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