Analyst Raises Price Target for Robinhood After Layoff Announcement

Robinhood Markets (HOOD) announced a workforce reduction of approximately 290 employees, or about 10%, and related costs. Following this news, Argus raised its price target from $90 to $110 due to an improving trading environment and reduced headcount expenses.

By Anand Sinha Thu, June 18, 2026 at 2:38 AM GMT+3 1 min read · Yahoo Finance · June 17, 2026, 23:38 UTC

Analyst Raises Price Target for Robinhood After Layoff Announcement

Tickers: $HOOD

Topics: Earnings Guidance Layoffs Robinhood Stock Price Movement

Read the full article at Yahoo Finance

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