US EditionRobinhood Shifted From Meme Stock To Market Contender Amid New Products And Global Expansion: Analyst Upgrades Stock - Robinhood Markets (NASDAQ:HOOD)
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Robinhood Shifted From Meme Stock To Market Contender Amid New Products And Global Expansion: Analyst Upgrades Stock - Robinhood Markets (NASDAQ:HOOD)
Barclays analyst Benjamin Budish upgraded Robinhood Markets (NASDAQ:HOOD) from Underweight to Equal-Weight, raising the price target from $18 to $20. Over the past several years, Robinhood has transitioned from a meme stock trading platform to a more mature and competitive player against traditional brokerages, reflecting substantial improvement in its underlying business. The analyst notes that Robinhood’s model is maturing, with potential futu…
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