Roblox price target raised to $130 from $120 at Barclays

Barclays analyst Ross Sandler raised the firm’s price target on Roblox (RBLX) to $130 from $120 and keeps an Equal Weight rating on the shares. The company reported a record quarter across the board, with every key performance indicator accelerating above consensus, the analyst tells investors in a research note. The firm says the 15% share selloff “seems like an early holiday gift for long term investors.”