MoffettNathanson analyst Clay Griffin upgraded Roblox to Neutral from Sell with a $26 price target. The analyst cites valuation for the upgrade following yesterday’s selloff.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBLX:
- Roblox Stock (NYSE:RBLX): The Winning Move Is Not Playing This Game
- Netflix (NASDAQ:NFLX) May Bid for Christmas Day NFL Rights
- RBLX Earnings: Roblox Crashes After Q1 Revenues Miss Estimates, Downbeat Outlook
- Roblox Q2 Results and Updated 2024 Projections Released
- Options Volatility and Implied Earnings Moves Today, May 09, 2024