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Why Is Roblox Stock Trading Lower on Tuesday?
Roblox Corp (NYSE: RBLX) stock is trading lower Tuesday as investors take profits following a 12% rally on Monday, which was fueled by several analyst price target increases.
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Related Headlines
Roblox shares are trading lower after Jefferies downgraded the stock from Hold to Underperform and announced a $38 price target.
Jefferies Downgrades Roblox to Underperform, Announces $38 Price Target
Jefferies analyst James Heaney downgrades Roblox (NYSE:RBLX) from Hold to Underperform and announces $38 price target.
Jefferies Downgrades Roblox, Sees Bookings Growth Well Below Wall Street, Stock Falls
Roblox Corp. (NYSE: RBLX) shares are trading lower Monday after Jefferies downgraded the stock to Underperform from Hold.