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JPMorgan analyst Cory Carpenter upgrades Roblox from Neutral to Overweight and raises the price target from $41 to $48. Roblox is set to report its first-quarter financial results on May 9 before the ...
Jefferies also raised its price target to $70, maintaining a Hold rating, while acknowledging Roblox’s broad-based improvements across its platform. Meanwhile, Goldman Sachs maintained a Neutral ...
Roblox is expected to report Q1 bookings of $927 million, representing 20% Y/Y growth. Management is likely to keep 2024 guidance unchanged. The market’s back, and these 3 income stocks are thriving.