Roblox: User engagement increases short-term – Analysts see 70% price potential

The stock of Roblox saw a price surge of 14% after the research firm Arete rated the stock as "Buy" with a target price of $95. Despite the worldwide implementation of child protection measures, current trends indicate a short-term increase in user engagement. Supported by a $3 billion stock buyback program, the next trend reversal attempt is now underway.   Roblox (RBLX) operates a global online platform that allows users to program their own games and experience the virtual worlds created by other developers. Recently, the stock...