Roblox (NYSE:RBLX) was in the spotlight on Tuesday as J.P. Morgan upgraded the video game platform company to Overweight from Neutral. Shares rose more than 4% in premarket trading. "The crux of our ...
Roblox is an extremely popular online gaming platform. Far from giving signs that it is shutting down, last year, the company announced a series of upgrades. In fact, on Aug. 22, the company's stock ...
On Tuesday, JPMorgan adjusted its stance on Roblox (RBLX), upgrading the stock to Overweight from Neutral and setting a new price target of $48, an increase from the previous $41 per share. The ...
Roblox has no trouble attracting players, but profitability is another story. With steep losses and a premium valuation, ...
JP Morgan's Alexia Quadrani tagged Roblox with an "overweight" rating and an $85 price target on Monday citing "megatrend" exposure. The price target implies a potential 25% jump in share prices from ...