Analysts at Oppenheimer upgraded Roblox (NYSE:RBLX) to "outperform" froma previous investment rating of "market perform," as the recent fall in share prices opened up "an excellent entry point ...

Investing.com -- Oppenheimer lifted its rating on Roblox Corp (NYSE ... The pullback “has created an excellent entry point for long-term investors,” said Martin Yang, senior analyst at ...

Oppenheimer upgraded Roblox (RBLX) to Outperform from Perform with a $70 price target The firm believes the recent pullback in the stock has created an excellent entry point for long-term investors.

JPMorgan analyst Cory Carpenter said that with investors hesitant to buy shares, Roblox was at a "compelling entry point." Despite Tuesday's gains, Roblox shares are down 21% so far this year.

Existing investors may consider holding their positions, but new investors should exercise caution, potentially waiting for a more favorable entry point. Roblox currently has a Zacks Rank #3 (Hold).

If Roblox retraces on Thursday and holds above the 200-day SMA, another higher low will print, which could give bullish traders who aren’t already in a position a solid entry point. Bearish ...

Investing.com -- Oppenheimer lifted its rating on Roblox Corp (NYSE:RBLX ... The pullback “has created an excellent entry point for long-term investors,” said Martin Yang, senior analyst at ...