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Roblox (NYSE:RBLX) shares fell as much as 22% on Wednesday after the company delivered a soft earnings report for its second quarter. This sell-off has been seen as an opportunity to upgrade RBLX ...

In the aftermath of its recent earnings report and impressive guidance, Goldman Sachs analysts upgraded Roblox (RBLX) to Neutral from Sell, and raised their 12-month target price to $48, from $35.