Wells Fargo Maintains Overweight on Roblox, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Overweight rating on Roblox and raised the price target from $54 to $58.
November 01, 2024 | 8:47 pm
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Wells Fargo has maintained an Overweight rating on Roblox and increased the price target from $54 to $58, indicating a positive outlook.
The increase in price target from $54 to $58 by Wells Fargo suggests a positive outlook for Roblox, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100