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Benzinga
Benzinga
Business
Evette Mitkov

Roblox Stock Surges As Analysts Boost Targets Ahead Of Q3 Earnings

Roblox Raymond James RBLX Andrew Marok Roblox Corp
Roblox Corp

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.

What Happened: Raymond James analyst Andrew Marok raised his price target on Roblox to $165 while reiterating an Outperform rating ahead of the company’s third-quarter earnings report on Oct. 30.

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