Roblox (RBLX) Getting a Bid
On Monday, several investment banks initiated buy ratings for the video game company Roblox (RBLX).
Although the stock has been trading publicly for less than a Month, LikeFolio has maintained a bullish outlook from the onset of coverage.
Purchase Intent Mentions for the gaming platform rose to a new ATH in 21Q1 (ended 3/31), up +79% from the prior year.
Shares have rallied nearly +10% in the past week, but we’re expecting to see them continue to rise going forward.