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Friday, 05/10/2024 7:19:00 AM

Friday, May 10, 2024 7:19:00 AM

Post# of 364426
Roblox price target lowered to $37 from $50 at Wells Fargo
Wells Fargo analyst Ken Gawrelski lowered the firm's price target on Roblox to $37 from $50 and keeps an Overweight rating on the shares. Wells Fargo is encouraged that more normal growth has resumed but disappointed that medium-term guidance is already in question, and believes more consistent execution is needed.

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