Macquarie Maintains Outperform on Roblox, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Aaron Lee maintains an Outperform rating on Roblox and raises the price target from $50 to $58.
November 01, 2024 | 3:15 pm
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Macquarie analyst Aaron Lee has maintained an Outperform rating on Roblox and increased the price target from $50 to $58, indicating a positive outlook.
The increase in price target from $50 to $58 by Macquarie suggests a positive outlook for Roblox, likely leading to a short-term increase in stock price. The Outperform rating indicates confidence in Roblox's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100