Goldman Sachs Maintains Neutral on Roblox, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Neutral rating on Roblox (NYSE:RBLX) but raises the price target from $45 to $55.
November 01, 2024 | 5:17 pm
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Goldman Sachs has maintained a Neutral rating on Roblox but increased the price target from $45 to $55, indicating a more positive outlook.
The increase in price target from $45 to $55 by Goldman Sachs suggests a more optimistic view on Roblox's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100