Barclays analyst Benjamin Budish maintained a Buy rating on Robinhood Markets (HOOD – Research Report) today and set a price target of $54.00.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price,

Shares of Robinhood Markets (NASDAQ: HOOD) were gaining today after the company agreed to pay $45 million to settle claims with the Securities and Exchange Commission (SEC), and it received two high-profile endorsements from Wall Street analysts.

Robinhood's stock performance has been robust, with shares up approximately 200% in 2024. The company recently settled regulatory issues dating back to 2018 with the SEC for $45 million, a move that has been fully accounted for in the previous year's accruals.

Last week saw a strong trading finish with Wall Street’s main indices all settling ... Online trading firm Robinhood Markets, Inc. (NASDAQ:HOOD) saw its share prices rally by 23.07 percent ...

Robinhood to pay $45M fine for regulatory ... Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting.

Broker agrees $45mn settlement as part of data breach while Blackstone and KKR among those penalised by US regulator

Two Wall Street analysts took a shine to the brokerage stock. Robinhood settled claims with ... up from a loss a year ago. With markets near all-time highs and looser crypto regulations expected ...

Shares of Robinhood Markets (NASDAQ: HOOD ... Commission (SEC), and it received two high-profile endorsements from Wall Street analysts. As a result, the stock was up 9.3% as of 2:21 p.m. ET.

Robinhood Markets (NASDAQ: HOOD) stock has been on a tear lately, with a whopping 358% gain over the past 12 months alone. In fact, I think Robinhood stock could plunge by at least 50% from its current price around $50 (as of this writing).

View Robinhood Markets, Inc. (HOOD) current and estimated P/E ratio data provided by Seeking Alpha.

Robinhood Markets (NASDAQ:HOOD) shares climbed 4.04% to $47.94 as ... With momentum building from Wall Street endorsements and potential policy shifts, Robinhood is positioning itself for a strong year ahead.