In recent trading, shares of Roblox Corp (Symbol: RBLX) have crossed above the average analyst 12-month target price of $57.57, changing hands for $58.94/share. When a stock reaches the target an ...
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Roblox price target raised to $160 from $150 at BMO Capital
BMO Capital raised the firm’s price target on Roblox (RBLX) to $160 from $150 and keeps an Outperform rating on the shares. The firm is positive ...
Roblox is benefitting from unit economies, with bookings growth outpacing the growth in fixed growth. I expect Roblox to exceed management’s full-year guidance for bookings and free cash flow.
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