Goldman turns bullish on Roblox for the platform's long-term growth potential (RBLX:NYSE)

Core Viewpoint - Goldman Sachs upgraded its rating on Roblox (RBLX) to "buy" from "neutral" due to positive indicators in bookings, revenue, and daily active user (DAU) growth in Q3 [2] Summary by Relevant Categories Company Performance - The upgrade was driven by the company's strong performance in bookings and revenue growth [2] - Daily active users (DAU) also showed significant growth in Q3, contributing to the positive outlook [2] Management Commentary - Management expressed confidence in the company's continued growth trajectory, which further supported the upgrade decision [2]