Goldman, Barclays, and Jefferies cut price targets on Robinhood (HOOD)
HOOD Robinhood Markets Inc
$89.54 -3.47%
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- 1Goldman Sachs, Barclays, and Jefferies all lowered their price targets on Robinhood (HOOD).
- 2Goldman cut its target from $137 to $118, Jefferies from $137 to $127, and Barclays from $122 to $89.
- 3Despite Q2 revenue of $1.31 billion and EPS of $0.62 beating Wall Street estimates, the price targets were lowered.
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