Robinhood Markets shares are trading higher after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $14 to $24.
Portfolio Pulse from Benzinga Newsdesk
Robinhood Markets shares are trading higher after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $14 to $24.
May 17, 2024 | 11:23 am
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Robinhood Markets shares are trading higher after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $14 to $24.
The upgrade from Underperform to Buy and the significant increase in the price target from $14 to $24 by B of A Securities is a strong positive signal for investors. This is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100