HOOD Crosses Above Average Analyst Target
February 15, 2024 at 07:55 AM EST
In recent trading, shares of Robinhood Markets Inc (HOOD) have crossed above the average analyst 12-month target price of $12.27, changing hands for $13.38/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
