Raymond James downgrades Roblox stock rating on engagement pressures

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Raymond James downgraded Roblox Corp. (NYSE:RBLX) to Market Perform from Outperform due to near-term engagement and growth pressures stemming from safety and discovery changes. The firm noted that Roblox’s age-verification rollout and discovery algorithm adjustments have negatively impacted user interaction and content growth. Despite these challenges, Raymond James remains constructive on the company’s long-term strategic direction, anticipating benefits from AI-powered development tools and initiatives to attract older users.

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