Form 4 Robinhood Markets, Inc. For: May 06 Filed by: Tenev Vladimir

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Robinhood Markets (HOOD) PT Raised to $16 at JPMorgan

May 9, 2024 12:01 PM EDT

JPMorgan analyst Kenneth B. Worthington raised the price target on Robinhood Markets (NASDAQ: HOOD) to $16.00 (from $12.00) while maintaining a Underweight rating.

The analyst comments "Robinhood reported 1Q24 adj EPS of $0.18 vs. street expectations of $0.06. Adj. EBITDA came in at $247mn, well ahead... More