Investing.com -- Citi analysts see further upside for Roblox shares despite the stock’s sharp rally since first-quarter results, citing strong second-quarter user data and a favorable U.S. court ...

Citi raised the firm’s price target on Roblox (RBLX) to $63 from $53 and keeps a Buy rating on the shares. The firm updated the company’s model post the Q3 report. Roblox reported bookings, average ...

Citi reportedly said Roblox Corp.’s (RBLX) business sentiment remains unhurt by recent developments that stirred both legal and community concerns and caused severe pressure for the stock on Friday.

Noting weakness today in the price of Roblox (RBLX) shares, Citi attributed the move lower to two recent negative headlines – Louisiana’s Attorney General announcing a lawsuit against the company and ...