UBS lowers Roblox price target to $50
Bearish: the lowered target is below the posted price, but the substantial decline since the signal limits confidence in further downside.
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Bearish: the lowered target is below the posted price, but the substantial decline since the signal limits confidence in further downside.
What happened, with direct paths to the underlying reporting
UBS lowered its RBLX price target to $50, below the posted price of $52.46. The shares had fallen 18.07% since the signal, reinforcing a bearish view, though the target update is an analyst opinion.
Target: $50
Posted price: $52.46
Analyst firm: UBS
Analyst: Christopher Schoell
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