Morgan Stanley Maintains Equal-Weight on Robinhood Markets, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Robinhood Markets (HOOD) and increased the price target from $11 to $18.
April 09, 2024 | 5:02 pm
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Morgan Stanley has maintained an Equal-Weight rating on Robinhood Markets and raised the price target from $11 to $18.
The increase in price target from $11 to $18 by Morgan Stanley indicates a positive outlook on Robinhood Markets' future performance. This adjustment suggests that the analyst sees potential for growth or improvement in the company's stock value, which could lead to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 90