Compass Point Boosts Robinhood PT to $96, Advises Buying on Potential Dip

Compass Point raised Robinhood Markets, Inc.’s (NASDAQ:HOOD) price target to $96 with a “Buy” rating, citing strong year-to-date performance. Analysts noted growth themes like a well-capitalized retail trader and blockchain tech efficiencies supporting the company. They advised investors to consider buying in case of a potential dip, foreseeing catalysts in 2025. Robinhood is a US-based financial services and technology company allowing users to invest in various assets.

Read more at Yahoo Finance: Compass Point Lifts Robinhood (HOOD) PT, Keeps Buy Rating