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- 1Roblox Drops 6% After Jefferies Downgrade to Underperform●Roblox Sinks 6% as Jefferies Cuts to Underperform With $38 Price Target; Take-Two Holds Flat, GameStop Dips
Roblox shares fell about 6% after analyst Jefferies downgraded the stock to Underperform and set a $38 price target, citing a cautious view on the gaming platform. The downgrade hit sentiment across gaming stocks, though Take-Two held flat and GameStop slipped only modestly in the same session.