Piper Sandler Upgrades Robinhood Markets to Overweight, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded Robinhood Markets (NASDAQ:HOOD) from Neutral to Overweight and raised the price target from $20 to $23.

August 12, 2024 | 9:44 am
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Piper Sandler has upgraded Robinhood Markets from Neutral to Overweight and increased the price target from $20 to $23.
The upgrade from Neutral to Overweight and the increase in the price target to $23 by Piper Sandler is likely to positively impact Robinhood's stock price in the short term. Analyst upgrades generally signal confidence in the company's future performance, which can attract more investors.
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