JMP Securities Reiterates Market Outperform on Robinhood Markets, Maintains $25 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Devin Ryan has reiterated a Market Outperform rating on Robinhood Markets (NASDAQ:HOOD) and maintained a $25 price target.
June 30, 2023 | 1:20 pm
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JMP Securities has reiterated a Market Outperform rating on Robinhood Markets and maintained a $25 price target.
The reiteration of a Market Outperform rating by JMP Securities indicates their positive outlook on Robinhood Markets. This could potentially lead to an increase in investor confidence and a positive impact on the stock's price in the short term. The maintained price target of $25 also suggests that the analyst believes the stock is currently undervalued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100