Deutsche Bank Upgrades Robinhood Markets to Buy, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has upgraded Robinhood Markets (NASDAQ:HOOD) from Hold to Buy and raised the price target from $21 to $24.

August 15, 2024 | 10:46 am
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POSITIVE IMPACT
Deutsche Bank has upgraded Robinhood Markets from Hold to Buy and increased the price target from $21 to $24.
An upgrade from Hold to Buy by a major financial institution like Deutsche Bank is a strong positive signal for investors. The raised price target to $24 suggests confidence in the company's future performance, likely leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100