JMP Securities Reiterates Market Outperform on Robinhood Markets, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Devin Ryan has reiterated a Market Outperform rating on Robinhood Markets (NASDAQ:HOOD) and maintained a $30 price target.
May 16, 2024 | 4:55 pm
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JMP Securities analyst Devin Ryan has reiterated a Market Outperform rating on Robinhood Markets and maintained a $30 price target.
The reiteration of a Market Outperform rating and the maintenance of a $30 price target by JMP Securities is a positive signal for investors. It suggests confidence in the company's future performance, which could lead to a short-term increase in the stock price.
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