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Robinhood developing new features at quick pace, says Barclays

Barclays analyst Benjamin Budish says Robinhood (HOOD) last night announced a new social media platform along with several other features, including stock shorting, new charting and stock screening capabilities. The company continues to deliver new features at a relatively quick pace, the analyst tells investors in a research note. Barclays thinks the new features “appear to be sleek and user friendly.” It keeps an Overweight rating on Robinhood shares with a $120 price target

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