Barclays Maintains Underweight on Robinhood Markets, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Underweight rating on Robinhood Markets (NASDAQ:HOOD) and lowers the price target from $20 to $18.

August 12, 2024 | 12:36 pm
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Barclays analyst Benjamin Budish maintains an Underweight rating on Robinhood Markets and lowers the price target from $20 to $18.
The Underweight rating and lowered price target from $20 to $18 by Barclays suggest a bearish outlook on Robinhood Markets. This is likely to negatively impact the stock price in the short term as investors react to the downgraded expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100