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Robinhood stock dips as analyst cuts price target amid mixed trading volumes and market pressure

Market News
02 Apr 2026
Benzinga
View Source
Bearish
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Robinhood's stock fell 3.24% to $67.84 following an analyst's price target cut from $100 to $90 due to shifting trading volumes. While equity trading volume rose slightly in March, crypto trading volume dropped significantly. The broader market decline, especially in tech stocks, also pressured Robinhood shares. Despite the cut, the analyst maintains a Buy rating, suggesting potential upside from current levels amid ongoing volatility and bearish technical indicators.

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