Goldman Sachs lowers Robinhood price target to $128 from $145
The target reduction and subsequent share decline point to bearish near-term sentiment; the target remains an analyst opinion, not a price forecast guarantee.
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The target reduction and subsequent share decline point to bearish near-term sentiment; the target remains an analyst opinion, not a price forecast guarantee.
What happened, with direct paths to the underlying reporting
Goldman Sachs cut its HOOD price target by about 12%. Shares are down 10.12% since the signal, reinforcing the negative near-term direction, though the $128 target remains above the posted price of $94.56.
Target: $128
Posted price: $94.56
Analyst firm: Goldman Sachs
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