Bernstein Maintains Outperform Rating on Robinhood (HOOD), Cites Attractive Valuation Zone

Robinhood Markets, Inc. (NASDAQ:HOOD) ranks among the best innovative stocks to buy according to Wall Street analysts. On February 3, Bernstein SocGen Group reaffirmed an Outperform rating and a $160 price target for Robinhood Markets, Inc. (NASDAQ:HOOD), with analyst Gautam Chhugani highlighting the company’s substantial decline from its peak. According to Bernstein’s analysis, investors are wondering whether the current scenario reflects “a peak retail cycle sell off exacerbated with crypto drawdown” o ...