BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Wedbush Analyst Bullish on Roblox (RBLX) Despite Child Safety Concerns
Wedbush Analyst Bullish on Roblox (RBLX) Despite Child Safety Concerns
28
2
BTCCSquare news:
Roblox Corporation (RBLX) shares surged 6% following a bullish endorsement from Wedbush analyst Alicia Reese, who named it the "most compelling" growth play in the video game sector. The rally comes despite ongoing legal scrutiny over child safety protocols on the platform.
Reese maintains a $165 price target, implying a 50x EV/EBITDA multiple on 2027 estimates. Engagement metrics remain strong, driven by titles like *Grow a Garden* and *Steal a Brainrot*, with management's rapid response to safety concerns cited as a mitigating factor for investor unease.
By:
