BUZZ-Roblox dips; UBS initiates coverage with 'neutral' rating** Shares of video game platform Roblox RBLX.N fall 1.4% to $92.41
** UBS initiates coverage with "neutral" rating
** Brokerage sets PT at $103, implying a 9.9% upside to stock's last close
** "We also see the rollout of enhanced safety/age verification tools starting in December to users of chat functions as a long-term positive but creates downside risk to short-term users/engagement given potential friction" - UBS
** Average rating of 35 analysts is "buy", their median PT is $150 - data compiled by LSEG
** Up to last close, RBLX has risen 61.9% this year
(Reporting by Anhata Rooprai in Bengaluru)
((Anhata.Rooprai@thomsonreuters.com))
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