Robinhood Markets Shares Rise After Morgan Stanley Upgrades to Overweight

MT Newswires Live03:23

Robinhood Markets (HOOD) shares were up about 2.1% in recent Monday trading after Morgan Stanley upgraded the company's stock to overweight from equalweight and boosted its price target to $55 from $24.

Trading volume stood at about 22 million shares against a daily average of roughly 16.6 million shares.

Price: 37.40, Change: +0.75, Percent Change: +2.05

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