Reported 2 days ago
After a remarkable 260% increase in Robinhood's stock over the past year, JPMorgan analyst Ken Worthington has upgraded his rating from Underweight to Neutral, marking a significant shift in sentiment. Worthington cited improved product offerings, a stronger customer base, and favorable market conditions as factors contributing to this change. Robinhood's recent achievements include revenue growth and successful product launches, positioning it for continued expansion in the investment space.
Source: YAHOO