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Robinhood Markets Inc (Symbol: HOOD) shares have surpassed the average analyst 12-month target price of $19.03, currently trading at $20.08 per share as of recent trading. This movement prompts analysts to reassess their valuations and decide whether to maintain or elevate their price targets.
There are 15 analysts contributing to the target price average, with a wide range of individual projections: the lowest target is $9.50, while the highest is $30.00, resulting in a standard deviation of $5.929. Currently, the rating breakdown includes 4 strong buy ratings, 8 hold ratings, 1 sell rating, and 3 strong sell ratings, giving an average rating of 2.94 on a scale where 1 is Strong Buy and 5 is Strong Sell.
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