Morgan Stanley upgrades Robinhood
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Robinhood Markets (NASDAQ:HOOD | HOOD Price Prediction) stock is rallying 11% to $118.88 in Thursday trading as a series of bullish analyst calls reinforces the case that Robinhood is becoming more than a traditional retail brokerage.
Robinhood’s stock led the S&P 500 higher Thursday. Several Wall Street analysts say they’ve been growing more bullish on the stock lately.
Morgan Stanley upgrades Robinhood to Overweight with a fresh price target, a day after Bernstein reiterated its own at $160.
Robinhood (NASDAQ: HOOD) stock price is up today, September 1, after Morgan Stanley raised the stock’s target to $150. The raised target comes as