Robinhood (HOOD) Stock: $36 Price Target And Outperform Rating

By Amit Chowdhry ● Apr 30, 2022
  • The shares of Robinhood Markets Inc (NASDAQ: HOOD) have received a $36 price target from JMP Securities. These are the details.

The shares of Robinhood Markets Inc (NASDAQ: HOOD) have received a $36 price target from JMP Securities. And JMP Securities analyst Devin Ryan is maintaining an “Outperform” rating on the shares.

Ryan noted that the company reported another difficult quarter. And the pendulum of the stock performance may have swung to a more extreme negative position due to heightened macro concerns and geopolitical uncertainty. 

But Robinhood has never moved on a linear path of growth and is still in its early innings, according to Ryan.

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