Where Robinhood Markets Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 21 analysts have evaluated Robinhood Markets (NASDAQ:HOOD), with a range of opinions from bullish to bearish. The average 12-month price target has increased to $21.95 from $18.31. Recent analyst actions include several rating raises and price target adjustments, reflecting positive sentiment towards the company's financial performance and growth prospects.
June 07, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts have shown a mixed but generally improving sentiment towards Robinhood Markets (NASDAQ:HOOD) over the past three months. The average 12-month price target has increased to $21.95, with several analysts raising their ratings and price targets. This reflects a positive outlook on the company's financial performance and growth prospects.
The increase in the average price target and the number of rating raises indicate a positive short-term outlook for Robinhood Markets. Analysts' actions suggest confidence in the company's financial performance and growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100