Piper Sandler Maintains Neutral on Robinhood Markets, Raises Price Target to $11.5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Patrick Moley maintains a Neutral rating on Robinhood Markets (NASDAQ:HOOD) and raises the price target from $11 to $11.5.

August 04, 2023 | 1:58 pm
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NEUTRAL IMPACT
Piper Sandler has maintained a Neutral rating on Robinhood Markets and raised the price target from $11 to $11.5.
The news is directly about Robinhood Markets. Piper Sandler's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could be seen as a slightly positive signal, but not strong enough to suggest a likely increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100