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Benzinga
Benzinga
Business
Adam Eckert

FORGOTTEN HISTORY: Why roblox shares are tumbling today - The Untold Story

Roblox Corp (NYSE:RBLX) is trading lower Thursday after Jefferies analyst Andrew Uerkwitz maintained the stock with a Hold rating and lowered the price target from $60 to $50.

The Jefferies analyst believes the firm has enough data to update its revenue build by geography segment using user engagement and bookings per user hour. 

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