JMP Securities Maintains Market Outperform on Robinhood Markets, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Devin Ryan has maintained a Market Outperform rating on Robinhood Markets (NASDAQ:HOOD) and increased the price target from $28 to $30.
May 09, 2024 | 6:37 pm
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JMP Securities has maintained its Market Outperform rating on Robinhood Markets and raised the price target from $28 to $30.
The increase in the price target by JMP Securities suggests a positive outlook on Robinhood Markets' stock, likely due to favorable market conditions or company performance. This analyst endorsement can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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IMPORTANCE 90
RELEVANCE 100