BMO Capital Reiterates Outperform on Roblox, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has reiterated an Outperform rating on Roblox (NYSE:RBLX) and increased the price target from $56 to $62.

November 01, 2024 | 3:55 pm
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BMO Capital has reiterated its Outperform rating on Roblox and increased the price target from $56 to $62, indicating a positive outlook on the stock.
The reiteration of an Outperform rating and an increased price target from a reputable analyst suggests confidence in Roblox's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100