Roblox shares climbed after Mattel announced new Roblox games featuring major brands, starting with Monster High.

Roblox Corporation (NYSE:RBLX) shares are trading higher on Tuesday after multiple analysts raised their price targets on the stock, with Raymond James boosting its target to $165 from $155.

Roblox is an outdated platform unlikely to attract future generations. Click here to find out why I rate RBLX stock a Sell.

Where Roblox stands. Roblox has stood out with the uniqueness of its gaming platform. Instead of publishing games, it supports users who create and release their games to the publ ...