Piper Sandler raises Robinhood’s rating to ‘Overweight’ and price target to $23: Should you buy?
Piper Sandler has upgraded Robinhood Markets (NASDAQ: HOOD) to an “Overweight” rating from “Neutral,” and increased their price target from $20 to $23. This adjustment suggests a potential upside of over 28% from the stock’s current trading price, presenting an attractive entry point after a 27% pullback from its 52-week high on July 16. This