Piper Sandler Starts Roblox Corp. (RBLX) at Overweight

Go back to Piper Sandler Starts Roblox Corp. (RBLX) at Overweight

Roblox (RBLX) Has a Large Global User and Monetization Upside Opportunity - Piper Sandler

October 26, 2022 10:32 AM EDT

Piper Sandler analyst Thomas Champion started shares of Roblox (NYSE: RBLX) at Overweight with a $54 price target in a note to clients on Wednesday.

The analyst described Roblox as a "unique asset" at the intersection of gaming, social, and the Metaverse.

"We see a large global user opportunity and monetization... More