KeyBanc Cuts Robinhood Price Target to $130 Citing Crypto Headwinds; Keeps Overweight Rating
KeyBanc reduced its price target on Robinhood Markets (HOOD) to $130 from $160 and reaffirmed an Overweight rating, attributing recent share underperformance to factor headwinds, weakness in cryptocurrencies, and growing concerns about estimates. The downgrade comes amid a broader mix of analyst updates that reflect divergent views on the stock's p…