Roblox Downgraded to Sell by Benchmark Analysts

Roblox stock is headed for its lowest level in 21 months.

Analysts at Benchmark downgraded Roblox to 'Sell' from 'Hold'.

Benchmark set a $33 price target for Roblox, implying a 32% downside.

Wall Street warns that the Roblox platform may be entering a 'lifecycle decline'.