Rosenblatt Initiates Robinhood Coverage With Buy Rating, $135 Target
Rosenblatt initiated coverage of Robinhood with a Buy rating and a $135 price target. Shares edged up 1.5% in overnight trading late Tuesday as markets look ahead to the company's third-quarter results next week.
Robinhood Markets Inc. (HOOD) shares rose 1.5% in overnight trading late Tuesday, with investors looking ahead to the company's third-quarter results next week. Rosenblatt began coverage of Robinhood with a ‘Buy’ rating and a $135 price target, representing more than 37% upside from the stock…