Citigroup Maintains Neutral on Robinhood Markets, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen has maintained a Neutral rating on Robinhood Markets (NASDAQ:HOOD) and raised the price target from $10 to $12.
August 04, 2023 | 1:04 pm
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Citigroup has maintained a Neutral rating on Robinhood Markets and raised the price target from $10 to $12.
The news is directly about Robinhood Markets. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is not expected to outperform the market in the short term. Therefore, the short term impact on the stock price is likely to be neutral.
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