Needham Maintains Buy on Roblox, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan maintains a Buy rating on Roblox and raises the price target from $50 to $60.
November 01, 2024 | 9:34 am
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Needham analyst Bernie McTernan has maintained a Buy rating on Roblox and increased the price target from $50 to $60, indicating a positive outlook on the stock.
The increase in the price target from $50 to $60 by a reputable analyst suggests a positive outlook for Roblox, likely leading to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100