Robinhood Markets (HOOD) PT Lowered to $41 at JMP Securities

Go back to Robinhood Markets (HOOD) PT Lowered to $41 at JMP Securities

Robinhood (HOOD) Stock Falls After Goldman Sachs Downgrade to Sell on Earnings Risk, Fading Retail Engagement

April 8, 2022 5:41 AM EDT

Shares of Robinhood Markets (NASDAQ: HOOD) are down over 3% in pre-open Friday after Goldman Sachs analyst Will Nance downgraded to Sell from Neutral.

The analyst sees the current Street estimates as too high, including a high bar for HOOD to reach profitability in 2023 (requires 10+%... More