Citigroup Upgrades Robinhood Markets to Neutral, Announces $18 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen has upgraded Robinhood Markets (NASDAQ:HOOD) from Sell to Neutral and set a price target of $18.

August 05, 2024 | 11:00 am
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Citigroup analyst Christopher Allen has upgraded Robinhood Markets from Sell to Neutral and set a price target of $18.
The upgrade from Sell to Neutral by a major financial institution like Citigroup is likely to positively impact Robinhood's stock price in the short term. The new price target of $18 suggests a potential upside, which could attract investors.
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