Roblox Hit With EU Investigation Over Minors' Safety - Roblox (NYSE:RBLX)

Roblox Corporation (NYSE:RBLX) faced fresh scrutiny in Europe after a Dutch watchdog opened a probe into how the platform protects minors.The development comes as the stock traded lower and an analyst trimmed a price target while keeping a bullish rating.Wedbush analyst Alicia Reese maintains an Outperform rating on the stock, lowering the price forecast from 165 to 165 to 110.The gaming platform drew scrutiny Friday as the Netherlands Authority for Consumers and Markets launched an official review of its protec ...