Morgan Stanley Maintains Equal-Weight on Robinhood Markets, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Robinhood Markets (NASDAQ:HOOD) and lowered the price target from $13 to $12.
October 11, 2023 | 2:49 pm
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Morgan Stanley has maintained an Equal-Weight rating on Robinhood Markets and lowered the price target from $13 to $12.
The lowering of the price target by Morgan Stanley indicates a less optimistic outlook for Robinhood Markets, which could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100