Piper Sandler Adjusts Roblox (NYSE:RBLX) Rating to…
From Financial Modeling Prep: 2025-06-16 17:00:00
Piper Sandler upgraded Roblox (NYSE:RBLX) to “Overweight” with a stock price around $100.17, showcasing confidence in the gaming company’s potential.
Roblox’s robust 29% revenue growth, fueled by its creator economy, surpasses Take-Two Interactive’s 5-6% forecast, positioning it as a leader in the gaming industry.
With RBLX’s current price at $100.33, reflecting a 3.25% increase, investors are drawn to its volatility and promising growth trajectory.
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