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Roblox price target raised to $72 from $65 at Piper Sandler

Piper Sandler raised the firm’s price target on Roblox (RBLX) to $72 from $65 and keeps an Overweight rating on the shares ahead of earnings. The firm says Q4 guidance looks overly conservative. Roblox PlayStation reviews suggest console trends have largely held T3M, adds Piper.

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