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Analysts at Wedbush added Roblox to their “best ideas list” on Monday. The firm has an Outperform rating on the stock with a price target of $49. Shares of Roblox were up 1.6% Monday to $42.82.
The US Securities and Exchange Commission (SEC) has launched an investigation involving Roblox. As reported by Bloomberg, while the investigation is ongoing, the exact focus of the SEC's probing ...