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MarketBeat
MarketBeat
Thomas Hughes

Why Roblox Stock Could Soar 75% After the Q3 Dip

If the analyst responses to the Q3 earnings results serve as a guide, the Q3 pullback in Roblox's (NYSE: RBLX) stock presents a compelling buying opportunity. Analyst revisions tracked by MarketBeat reveal a mixed response, to be sure, including a few price target reductions.

However, the few reductions are offset by price target increases and even ratings upgrades, and are themselves aligned with an above-consensus forecast.

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