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Morgan Stanley lifts HOOD to Overweight, raises target to $150

Robinhood shares extended their strongest six-month rally after Morgan Stanley upgraded HOOD to ‘Overweight’ and raised its price target to $150.

HOOD

Robinhood’s latest rally has caught the market’s attention.

Shares of Robinhood (HOOD) clocked its best month in the last six months, and edged higher on Tuesday after Morgan Stanley upgraded its rating of the stock to ‘Overweight’ and hiked its price target to $150.

They believe that the company’s…