Piper Sandler analyst Patrick Moley raised the firm’s price target on Robinhood (HOOD) to $120 from $110 and keeps an Overweight rating on the shares. The firm notes the company reported a strong EPS beat and gave information on new products. Piper recommends buying Robinhood for its potential one year out and beyond.
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Read More on HOOD:
- Robinhood price target raised to $106 from $89 at Keefe Bruyette
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