Citigroup Maintains Buy on Roblox, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet maintains a Buy rating on Roblox and raises the price target from $46 to $53.
September 25, 2024 | 6:35 pm
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Citigroup analyst Jason Bazinet has reaffirmed a Buy rating on Roblox and increased the price target from $46 to $53, indicating a positive outlook on the stock.
The increase in price target from $46 to $53 by Citigroup suggests a positive outlook on Roblox's future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100