Analysts at Oppenheimer upgraded Roblox (NYSE:RBLX) to "outperform" froma previous investment rating of "market perform," as the recent fall in share prices opened up "an excellent entry point ...

JPMorgan analyst Cory Carpenter said that with investors hesitant to buy shares, Roblox was at a "compelling entry point." Despite Tuesday's gains, Roblox shares are down 21% so far this year.

Investing.com -- Oppenheimer lifted its rating on Roblox Corp (NYSE: RBLX) shares to Outperform with a price target (PT) of $70. The upgrade comes in the wake of a recent decline in the stock, which ...