Barclays lowers Robinhood’s price target to $124 from $159, citing missed revenue in Q4. Despite long-term goals, slowdown in net new asset growth weighs on shares, down 12% to $75.10. Lower take rates in options and crypto impact transaction revenues. Published on TheFly, the ultimate source for breaking financial news.
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Read more at Yahoo Finance: Robinhood price target lowered to $124 from $159 at Barclays
