Robinhood Stock Edges Higher Wednesday: What's Happening?
Shares of Robinhood are trading higher Wednesday morning after Scotiabank earlier initiated coverage with a Sector Outperform rating and a $136 price target.
A bank called Scotiabank said positive things about Robinhood and set a goal price, which made some people want to buy shares today. When important people like their stocks, it can mean they think the company is doing something right, but prices can still go up or down for many reasons.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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