US Top Rating Updates on 2/16: NVDA, RBLX, ATVI, ROKU and More

Benchmark upgraded $Roblox(RBLX.US)$ to Hold from Sell without a price target. The company delivered better than expected Q4 financial results, with profit exceeding estimates, the analyst tells investors in a research note. The firm believes Roblox has worked through the pandemic influence on its business and has been "seemingly immune" to current macroeconomic pressure on consumer spend.

Deutsche Bank analyst Benjamin Soff upgraded $Activision Blizzard(ATVI.US)$ to Buy from Hold with a price target of $90, up from $83. The analyst believes the company's business model offers the best risk/reward outlook across the gaming sector this year.

DA Davidson analyst Michael Shlisky initiated coverage of $Custom Truck One Source(CTOS.US)$ with a Buy rating and $12 price target. The analyst is positive on the company's "unique position in an attractive Machinery sub-sector".