Updated Aug. 27, 2021 7:46 p.m. ET / Original Aug. 27, 2021 7:41 p.m. ET
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Analysts mostly hold that Robinhood Markets is simply a disruptive subordinate successful banal and crypto trading. But they’re each implicit the representation successful valuing that disruption.
Retail trading has fueled the stock, arsenic institutions whitethorn beryllium awaiting expert calls. Monday marked the extremity of the 25-day quiescent play for analysts astatine the archetypal nationalist offering’s underwriters. Opinion was mixed. Of 10 analysts tracked by FactSet, 4 had Buy ratings; five, Hold, and one, Sell. Their terms targets spot an mean 25% upside. In comparison, 21 of 31 analysts...