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Roblox price target raised to $60 from $49 at Stifel
The Fly

Roblox price target raised to $60 from $49 at Stifel

Stifel analyst Drew Crum raised the firm’s price target on Roblox (RBLX) to $60 from $49 and keeps a Buy rating on the shares after the company reported better-than-expected Q3 results and for the second consecutive quarter raised guidance for FY24, leading the firm to increase estimates in response.

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