On August 5, according to The Block, Mizuho Securities analysts stated that after meeting with Robinhood CEO Vlad Tenev, they maintained an "outperform" rating and a $120 price target for HOOD stock.
Mizuho analysts' decision to maintain the target price comes just over a month after they raised the target price from $80 to $99 last month. At the time, analysts praised Robinhood's product iteration speed as "shocking".
According to Rockflow market data, Robinhood's stock closed up over 6% on Monday, at $106.37 per share.



