Roth Capital analyst Eric Handler raised the firm’s price target on Roblox (RBLX) to $138 from $118 and keeps a Neutral rating on the shares. The company’s sizable Q2 outperformance and higher full year guidance demonstrate the maturation and strength of the Roblox platform and the model’s operating leverage, the analyst tells investors in a research note. Roth adds that Roblox management is being conservative, which is “reflected in the firm’s above guidance/consensus view for 2025”.
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