The Underside Of Roblox Corporation (RBLX) Stock Is A Little Uncertain

Truist lowered the price target for the Roblox Corporation (NYSE:RBLX) stock from ‘a Buy’ to ‘a Hold’. The rating was released on June 17, 2023, according to finviz. We previously noted in another research note published on June 10, 2023 by Goldman that downgraded the stock from a Neutral to a Sell with a price target of $28 for RBLX stock. The research report from Atlantic Equities has downgraded the stock from Overweight to Neutral, with a price target set at $30. The stock was initiated by Wedbush, who disclosed in a research note on May 10, 2023, to Neutral and set the price objective to $28.