Robinhood Markets (HOOD) PT Lowered to $22 at Goldman Sachs

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Go back to Robinhood Markets (HOOD) PT Lowered to $22 at Goldman Sachs

Robinhood Markets (HOOD) PT Raised to $25 at Goldman Sachs

November 4, 2024 5:04 AM EST

Goldman Sachs analyst Will Nance raised the price target on Robinhood Markets (NASDAQ: HOOD) to $25.00 (from $22.00) while maintaining a Neutral rating.

The analyst comments "HOOD shares traded down following earnings, against very strong YTD returns, which we primarily attribute to the increase in contra revenue associated with the companys matching program, as well as the closing of one of its matching programs... More