Jefferies analyst James Heaney raised the firm’s price target on Roblox (RBLX) to $130 from $126 and keeps a Hold rating on the shares. The firm raised its Q3 Bookings growth forecast to 57% year-over-year, but believes bulls are looking for 60%-plus to move shares higher, the analyst tells investors in a preview. With September and October engagement down month-over-month from August highs, the firm expects attention to shift to increasingly difficult 2026 comps, the analyst added.
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