Roblox Fell Nearly 3% in Premarket Trading as Goldman Sachs Cut It to Neutral
Tiger Newspress2022-04-20
Roblox fell nearly 3% in premarket trading as Goldman Sachs cut it to neutral.Goldman Sachs is expecting that a post-pandemic world could mean slower user growth, as well as some tougher comparisons. Analyst Eric Sheridan has cut the firm's rating on Roblox to Neutral from Buy, and trimmed its price target to $50 from $108.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.