JPMorgan analyst Cory Carpenter said that with investors hesitant to buy shares, Roblox was at a "compelling entry point." Despite Tuesday's gains, Roblox shares are down 21% so far this year.

Analysts at Oppenheimer upgraded Roblox (NYSE:RBLX) to "outperform" froma previous investment rating of "market perform," as the recent fall in share prices opened up "an excellent entry point" for ...