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Roblox Slides After Jefferies Flags Pressure From Platform Changes (RBLX:NYSE)
Summary by Seeking Alpha
4 Articles
4 Articles
Roblox (RBLX) Stock Tumbles as Top Analyst Says the Party’s Over
TLDR Jefferies downgraded Roblox to Underperform (Sell equivalent) from Hold on Monday, keeping its price target at $38. That target implies 18% downside from Friday’s closing price of $46.44. The downgrade follows a 30% rally since Roblox’s second-quarter earnings, which Jefferies calls “overly...
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center0Last Updated100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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