Roth Capital Upgrades Roblox (RBLX) to Buy

Roblox Corporation (NYSE:RBLX) is one of the 13 High-Risk High-Reward Growth Stocks to Invest In. On February 9, Roth Capital upgraded its recommendation on Roblox to a Buy (from Neutral) and bumped up its target price on the stock by 7.7% to $84 (from $78). Better-than-expected guidance from management regarding bookings growth for 2026 onwards (above 20% annually over the next several years) was the main catalyst for this rating upgrade. The firm added that RBLX’s improving development tools, which lead ...