JPMorgan analyst Cory Carpenter said that with investors hesitant to buy shares, Roblox was at a "compelling entry point." Despite Tuesday's gains, Roblox shares are down 21% so far this year.

Investing.com -- Oppenheimer lifted its rating on Roblox Corp (NYSE: RBLX) shares to Outperform with a price target (PT) of $70. The upgrade comes in the wake of a recent decline in the stock, which ...