BMO Capital Maintains Outperform on Roblox, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has maintained an Outperform rating on Roblox (NYSE:RBLX) and increased the price target from $55 to $57.
February 08, 2024 | 6:47 pm
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POSITIVE IMPACT
BMO Capital has maintained an Outperform rating on Roblox and raised the price target from $55 to $57.
The increase in the price target by BMO Capital suggests a positive outlook on Roblox's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100