Needham Maintains Buy on Roblox, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan maintains a Buy rating on Roblox (NYSE:RBLX) and raises the price target from $40 to $50.

August 02, 2024 | 10:14 am
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Needham analyst Bernie McTernan maintains a Buy rating on Roblox and raises the price target from $40 to $50.
The raised price target from $40 to $50 by a reputable analyst is likely to positively impact investor sentiment and drive short-term price appreciation for Roblox.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100