Morgan Stanley downgraded Robinhood (HOOD) to Equal Weight from Overweight with a price target of $40, down from $90.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOOD:
- Robinhood price target lowered to $45 from $76 at Barclays
- Cathie Wood Snags Robinhood Stock (HOOD) and GitLab (GTLB) as Markets Slide
- Crypto Currents: Hut 8, Eric Trump launch American Bitcoin
- Cathie Wood’s ARK Investment buys 36.3K shares of Robinhood today
- JPM, BAC, GS: Bank Stocks Crater as U.S. Recession Risk Accelerates