Goldman Sachs Maintains Neutral on Robinhood Markets, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance maintains a Neutral rating on Robinhood Markets (NASDAQ:HOOD) and raises the price target from $9 to $10.

July 13, 2023 | 11:24 am
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Goldman Sachs maintains a Neutral rating on Robinhood Markets and raises the price target from $9 to $10.
The news is directly about Robinhood Markets. Goldman Sachs, a highly influential investment bank, has maintained a Neutral rating on the company, indicating no significant change in the company's outlook. However, the increase in price target from $9 to $10 suggests a slightly more positive view on the company's stock, which could influence investor sentiment and potentially the stock price, but the impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100