Analysts weigh in on Robinhood investor day
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Goldman Sachs Assumes Robinhood Markets (HOOD) at Buy
December 5, 2024 5:09 PM ESTGoldman Sachs analyst James Yaro assumes coverage on Robinhood Markets (NASDAQ: HOOD) with a Buy rating and a price target of $46.00.
The analyst comments "We assume coverage of Robinhood Markets (HOOD) and upgrade it to Buy from Neutral, with a $46 price target, based on 30.5x Q5-Q8 P/E, implying 19% upside. In our view, HOOD has successfully migrated from a fast growing,... More
