JMP Securities Maintains Market Outperform on Robinhood Markets, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Devin Ryan maintains a Market Outperform rating on Robinhood Markets (HOOD) and raises the price target from $23 to $25.
February 14, 2024 | 6:09 pm
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JMP Securities maintains a Market Outperform rating on Robinhood Markets and raises the price target from $23 to $25.
The increase in the price target by JMP Securities reflects a positive outlook on Robinhood Markets, suggesting confidence in the company's future performance. This analyst endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100