JPMorgan raised the firm’s price target on Roblox (RBLX) to $100 from $80 and keeps an Overweight rating on the shares. The firm made a number of price target changes in connection with its internet SMID and video games sector update.
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Read More on RBLX:
- Roblox call volume above normal and directionally bullish
- Roblox Reincorporates to Nevada After Stockholder Meeting
- Roblox price target raised to $95 from $82 at BMO Capital
- Roblox’s Growth Surge: Analyst Upgrades to Buy with Raised Target Price Amid Strong Engagement and Bookings
- Roblox price target raised to $100 from $85 at Citi
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