Analysts at Oppenheimer upgraded Roblox (NYSE:RBLX) to "outperform" froma previous investment rating of "market perform," as the recent fall in share prices opened up "an excellent entry point ...

The pullback “has created an excellent entry point for long-term investors,” said Martin Yang, senior analyst at Oppenheimer. Yang highlighted several key points for the bullish outlook.

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 ...

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 ...

This means that Roblox is building a greater demographic of users closer to working and earning age, meaning further monetization probabilities beyond parent allowances act as a tailwind in the stock.

1) Entry Point Loading screen of Entry Point (Image via Roblox) Entry Point delivers a thrilling stealth-action experience that feels more like a console game.