Citigroup Adjusts Robinhood (NASDAQ: HOOD) Rating and Price Target
Citigroup has updated its rating for Robinhood (NASDAQ: HOOD) to Neutral and raised the price target from 135.The Federal Reserve's interest rate cuts have positively impacted the financial sector, benefiting Robinhood's business model.Robinhood's stock price has reached a new high over the past year, reflecting strong market confidence and financial momentum.On September 23, 2025, Citigroup adjusted its rating for Robinhood (NASDAQ: HOOD) to a Neutral grade, maintaining a hold action. At the time ...