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HOOD fell in early trading after Needham lowered its price target
short by / on Thursday, 2 April, 2026
Robinhood (HOOD) fell in early trading after Needham lowered its price target to $90 from $100, citing slowing growth in March. Analyst John Tardaro reduced estimates for trading volumes and net interest revenue for the first quarter and full-year forecasts. He maintained a "Buy" rating, calling the company the "farthest along" in the decline of the traditional finance category.
read more at Stocktwits