Morgan Stanley Maintains Equal-Weight on Robinhood Markets, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys maintains an Equal-Weight rating on Robinhood Markets (NASDAQ:HOOD) and raises the price target from $21 to $22.
October 17, 2024 | 2:18 pm
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Morgan Stanley has maintained its Equal-Weight rating on Robinhood Markets and increased the price target from $21 to $22, indicating a slightly positive outlook.
The increase in price target from $21 to $22 by Morgan Stanley suggests a slightly positive outlook for Robinhood Markets. The maintenance of an Equal-Weight rating indicates that the analyst sees the stock performing in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100