Critical Insights From Robinhood Markets Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Robinhood Markets (NASDAQ:HOOD) in the latest quarter, with a notable increase in the average 12-month price target to $23.29. Recent analyst actions include several rating raises and price target adjustments, reflecting a generally positive sentiment. Robinhood Markets has shown strong revenue growth and profitability, but faces challenges in ROE and ROA.
July 19, 2024 | 7:00 pm
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Analysts have mixed ratings for Robinhood Markets, with a new average price target of $23.29. The company has shown strong revenue growth but faces challenges in ROE and ROA.
The increase in the average price target and several rating raises indicate a generally positive sentiment among analysts. The strong revenue growth and profitability metrics further support a positive short-term outlook, despite challenges in ROE and ROA.
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IMPORTANCE 80
RELEVANCE 100