TECH - Robinhood's SEC Challenges Likely Overblown Shares Up as Market Shrugs Off Crypto Concerns: Analyst | Benzinga
Mizuho analyst Dan Dolev reiterated a Buy rating on Robinhood Markets, Inc (NASDAQ:HOOD) with a price target of $21.
HOOD announced that it had received a Wells Notice from the SEC on May 4 stating that the SEC had made a preliminary determination to recommend an enforcement action against Robinhood Crypto alleging violations of Sections 15(a) and 17A of the Securities Exchange Act of 1934, the analyst flagged.
The concerns regarding ...