Analyst Expectations for Robinhood Markets's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Robinhood Markets (NASDAQ:HOOD) with an average price target of $13.58, which is a 6.86% decrease from the previous target of $14.58. The current price of HOOD is $8.24, suggesting a significant upside according to analysts. Ratings over the last quarter included 1 bullish, 1 somewhat bullish, 3 indifferent, 1 somewhat bearish, and 0 bearish.
November 24, 2023 | 2:00 pm
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Analysts have a mixed outlook on Robinhood Markets with a reduced average price target of $13.58, suggesting a potential upside from the current price of $8.24.
The average price target represents a significant potential upside from the current trading price, which could lead to increased investor interest and a positive short term impact on the stock price. However, the mixed ratings indicate that there is some uncertainty about the company's performance, which tempers the potential impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100