The average brokerage recommendation (ABR) for Roblox (RBLX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought ...

Roblox Corporation (NYSE: RBLX) shares surged 25% in premarket trading on Thursday ahead of its Q2 earnings report. The stock’s already been on a tear this year, as it doubled since January and ...

Roblox shares slid more than 20% in early trading, as the gaming giant dialed back its forecasts for growth and first-quarter earnings showed player spending is slowing.

Piper Sandler analyst Thomas Champion lowered his price target on Roblox but still thinks the stock will return to $40 a share within a year.

Let's take a look at what these Wall Street heavyweights have to say about Roblox (RBLX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm ...