Morgan Stanley keeps an Overweight rating and $170 price target on Roblox (RBLX) while noting that the firm’s bull case values the stock at $300 per share. The company is a clear leader in the next generation of entertainment platforms with a path to over one billion users by 2030, the analyst tells investors in a research note. The firm adds that it sees parallels to user-generated content winners like YouTube while also citing Roblox’s “strong position in AI”.
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