KeyBanc raised the firm’s price target on Robinhood (HOOD) to $30 from $25 and keeps an Overweight rating on the shares ahead of quarterly results. While the firm’s near-term view on Robinhood into the print leans neutral, KeyBanc remains positive on the long-term opportunity to take share as supported by recent data points and increasing platform breadth via new product introductions.
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Read More on HOOD:
- Robinhood price target raised to $30 from $27 at Piper Sandler
- Robinhood announces the launch of Robinhood Legend
- Robinhood (NASDAQ:HOOD) Launches Advanced Tools for Active Traders
- Robinhood price target raised to $22 from $21 at Morgan Stanley
- Robinhood price target raised to $21 from $17 at JPMorgan