Goldman Sachs Maintains Neutral on Robinhood Markets, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance maintains a Neutral rating on Robinhood Markets (HOOD) and raises the price target from $18 to $20.

April 15, 2024 | 2:30 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Robinhood Markets but raises the price target from $18 to $20.
The increase in the price target by Goldman Sachs suggests a positive outlook on the stock's value, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the Neutral rating indicates that Goldman Sachs does not see significant upside or downside from the current level, tempering the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100