RBLX is trading at 3.3% up now at $95.13, rebounding sharply from December 3rd's 1.71% decline to $92.10. The recovery follows the Russia ban announcement that initially sparked selling pressure. Analyst support remains strong, with 70% of analysts maintaining Buy ratings and a 62% consensus upside target. Morgan Stanley reiterated an Overweight rating with a $170 price target on November 13, citing Roblox's new advertising unit strengthening long-term monetization. The broader market's flat performance suggests company-specific positive sentiment is driving today's gains.
🟢 RBLX is trading 3.3% up today after Russia ban concerns ease and analyst support emerges
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