Robinhood Markets shares are trading higher after Piper Sandler maintained an Overweight rating on the stock and raised its price target from $23 to $27.
Portfolio Pulse from Benzinga Newsdesk
Robinhood Markets shares rose after Piper Sandler maintained an Overweight rating and increased its price target from $23 to $27.
September 19, 2024 | 12:38 pm
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POSITIVE IMPACT
Robinhood Markets shares are trading higher following Piper Sandler's decision to maintain an Overweight rating and raise the price target from $23 to $27.
The increase in price target and maintained Overweight rating by Piper Sandler is a positive signal for investors, suggesting confidence in Robinhood's future performance. This is likely to boost investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100