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Robinhood Markets (HOOD) PT Raised to $19 at Citi

August 8, 2024 5:01 AM EDT

Citi analyst Christopher Allen raised the price target on Robinhood Markets (NASDAQ: HOOD) to $19.00 (from $18.00) while maintaining a Neutral rating.

The analyst comments "HOOD reported strong 2Q24 results (revenue up 40% YOY) driven by healthy trading activity (particularly in equities/options), continued growth in Gold... More