Raymond James maintains Market Perform on Robinhood stock ahead of Q3
Investing.com
Raymond James has reiterated a Market Perform rating on Robinhood Markets (NASDAQ: HOOD) in anticipation of its third-quarter 2026 results. The firm notes strength in prediction markets but expresses concerns about their regulatory advantage and observes a potential cooling of retail investor risk appetite. Given that the stock is currently trading at a high valuation and is considered overvalued by InvestingPro analysis, Raymond James remains on the sidelines.
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