Analysts are optimistic about Roblox Corp after its Developers Conference, with BofA Securities maintaining a Buy rating and JPMorgan reaffirming Overweight.

Roblox is estimated to be 32% overvalued based on current share price of US$59.71 Our fair value estimate is 32% lower than Roblox's analyst price target of US$66.57 Today we'll do a simple run ...