Robinhood shares gain as retail trading rebound powers record quarter
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Robinhood Markets (HOOD) PT Raised to $16 at JPMorgan
May 9, 2024 12:01 PM EDTJPMorgan 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
