Robinhood rises 1.6% premarket after Rosenblatt's Buy rating and JPMorgan's target hike

FinanceInternationalRevista ADVFNOct 21, 2026, 5:22 AM30 s readAI summary

Robinhood Markets (NASDAQ:HOOD) shares rose 1.6% in Wednesday's premarket trading to $99.77, after reaching a session high of $101.10. Rosenblatt Securities initiated coverage with a Buy rating and a $135 price target, while JPMorgan raised its target from $103 to $115 and kept its Neutral rating. The move came ahead of third-quarter 2026 results, scheduled for October 27.

In 30 seconds

Rosenblatt initiated coverage of Robinhood with a Buy rating and a $135 price target.
JPMorgan raised its price target from $103 to $115 but kept its Neutral rating.
The analyst consensus remains Moderate Buy, with an average 12-month target of about $130.

Read the full story at Revista ADVFN

IASummary generated by artificial intelligence from a story by Revista ADVFN. It may contain errors: the original source prevails.

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Robinhood rises 1.6% premarket after Rosenblatt's Buy rating and JPMorgan's target hike

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day