Roblox Corporation (NYSE:RBLX) is one of the 10 Best NYSE Stocks to Buy According to Analysts. Wells Fargo recently cut its price target on Roblox from $141 to $107, citing a decrease in December bookings growth from high-60% to mid-30% range. Looking ahead, the firm forecasts full-year 2026 bookings between $7.85 billion and $8.0 billion, with expected growth of 19% to 21%.

On January 6, TD Cowen also lowered its price target on Roblox Corporation (NYSE:RBLX) from $77 to $70 and maintained a Sell rating. Analyst Doug Creutz highlighted a slowdown in user engagement in December, with year-over-year growth in hours spent dropping to 74% compared to 99% in November and 110% in October. The final week of December saw hours spent grow by only 66% year-over-year.

Roblox Corporation (NYSE:RBLX) is an American video game company known for its immersive gaming and creation platform. Wells Fargo and TD Cowen have recently cut their price targets on the company due to concerns about slowing user engagement in December. Despite its potential as an investment, some analysts believe other AI stocks offer greater upside potential and lower downside risk.

Read more at Yahoo Finance: Wells Fargo and TD Cowen Cut Roblox (RBLX) Price Targets