Morgan Stanley analyst Michael Cyprys raised the firm’s price target on Robinhood (HOOD) to $43 from $40 and keeps an Equal Weight rating on the shares. Post Q1 earnings, the firm raised its 2025 EPS forecast 10% to $1.11 and its 2026 view by 12% to $1.16 on better equities and options transaction revenues, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOOD:
- Robinhood price target raised to $65 from $60 at BofA
- Robinhood Markets (HOOD) to Offer Crypto Trading in Europe
- Robinhood exec sells $1.19M in common stock
- Robinhood developing blockchain to trade U.S. assets in Europe, Bloomberg says
- Cathie Wood Buys the Dip in Robinhood Stock (HOOD) Post Q1 Earnings