Barclays Upgrades Robinhood Markets to Equal-Weight, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish has upgraded Robinhood Markets (NASDAQ:HOOD) from Underweight to Equal-Weight and increased the price target from $18 to $20.

September 06, 2024 | 12:30 pm
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Barclays has upgraded Robinhood Markets from Underweight to Equal-Weight, raising the price target from $18 to $20. This suggests a more positive outlook on the stock.
The upgrade from Underweight to Equal-Weight by Barclays indicates a more favorable view of Robinhood's stock, which is likely to positively influence investor sentiment and potentially lead to a short-term price increase. The raised price target further supports this positive outlook.
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