Robinhood Markets, Inc. Reports May 2024 Operating Data

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Robinhood Markets (HOOD) PT Raised to $18 at Citi

June 13, 2024 5:02 AM EDT

Citi analyst Christopher Allen raised the price target on Robinhood Markets (NASDAQ: HOOD) to $18.00 (from $16.00) while maintaining a Sell rating.

The analyst comments "Following May metrics, we are adjusting estimates to reflect updated IEA balances, trading volumes, net deposit expectations, share repurchases, and revised... More