Roblox (RBLX) Stock: $83 Target By Truist

By Amit Chowdhry ● May 15, 2021
  • The shares of Roblox Corp (NYSE: RBLX) have received a price target increase from $78 to $83 by Truist. These are the details.

The shares of Roblox Corp (NYSE: RBLX) have received a price target increase from $78 to $83 by Truist. And Truist analyst Matthew Thornton is maintaining a “Buy” rating on the company shares.

Thornton cited the company’s first-quarter results. And Thornton pointed out that the April users, engagement, and monetization appear to be indicating a material Q2 upside compared to the prior consensus estimates and guidance.

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