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Citi reiterates sell rating on Roblox with $70 price target
July 31, 2026 6:28 AM EDTCiti analyst Jason Bazinet reiterated a Sell rating and $70.00 price target on Roblox Corp. (NYSE: RBLX), following the company's second-quarter fiscal 2026 results.
Roblox reported second-quarter bookings 2% below consensus estimates, while covenant adjusted EBITDA came in 11% above Street expectations. Average daily active users reached... More
