Canaccord Genuity Maintains Buy on Roblox, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained its Buy rating on Roblox and increased the price target from $50 to $60, indicating a positive outlook for the company's stock.
November 01, 2024 | 12:41 pm
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Canaccord Genuity has maintained its Buy rating on Roblox and increased the price target from $50 to $60, suggesting a positive outlook for the stock.
The analyst's decision to maintain a Buy rating and raise the price target indicates confidence in Roblox's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100