In the most recent trading session, Robinhood Markets, Inc. (HOOD) closed at $46.07, indicating a +1.12% shift from the previous trading day.

Robinhood Markets, Inc. (HOOD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Robinhood Markets shares are trading lower by 1.9% Wednesday. The stock is falling after the latest employment data signaled a cooling U.S. labor market.

“2024 was a good year for industry, and this year feels like we’re being shot out of a cannon,” one senior brokerage executive said.

Barclays analyst Benjamin Budish maintained a Buy rating on Robinhood Markets (HOOD – Research Report) today and set a price target of $54.00.

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