JP Morgan Maintains Underweight on Robinhood Markets, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Worthington maintains an Underweight rating on Robinhood Markets (NASDAQ:HOOD) but raises the price target from $16 to $17.

August 08, 2024 | 4:01 pm
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JP Morgan analyst Kenneth Worthington maintains an Underweight rating on Robinhood Markets but raises the price target from $16 to $17.
The Underweight rating suggests a cautious outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100