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Jefferies Maintains Hold on Roblox, Lowers Price Target to $40

Jefferies analyst Andrew Uerkwitz maintains Roblox (NYSE:RBLX) with a Hold and lowers the price target from $43 to $40.

byBenzinga Newsdesk

October 14, 2022

1 minute read

Jefferies analyst Andrew Uerkwitz maintains Roblox (NYSE:RBLX) with a Hold and lowers the price target from $43 to $40.

M&A
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Lithia Motors Acquires Toyota Of Jackson For Undisclosed Sum

By Shivani Kumaresan

Today, 8:39 AM

Automotive retailer Lithia Motors Inc (NYSE:LAD) has acquired Toyota of Jackson in Jackson, Mississippi. Lithia did not disclose the terms of the…

LAD

Energy Focus Stock Plummets After Raising $4.5M Via Equity Offering

By Shivani Kumaresan

Today, 8:39 AM

Energy Focus Inc (NASDAQ:EFOI) has entered into definitive securities purchase agreements with institutional investors to sell 1.28 million shares of common…

EFOI

Sovos Brands Sees FY23 Revenue $900M-$925M Vs $888.91M Est

By Happy Mohamed

Today, 8:39 AM

Fiscal 2023 Outlook The Company is providing initial guidance ranges for net sales and adjusted EBITDA1, as follows: Net sales $900-$925 million Adjusted EBITDA $130-$135

SOVO