Raymond James cuts Roblox rating on recent stock rally, overexpectations from 'Grow A Garden'

8 hours ago 1
Roblox Headquarters

JasonDoiy/iStock Unreleased via Getty Images

Raymond James cut its investment rating on Roblox (NYSE:RBLX) to "outperform" from "strong buy" on Wednesday.

The research firm said the success of Grow A Garden has helped drive the stock price up 74% since a day after its Q1 report. While

Recommended For You

More Trending News

Read Entire Article