Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Robinhood (HOOD) and Capital One Financial (COF).TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Robinhood (HOOD)
Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Robinhood yesterday and set a price target of $132.00. The company’s shares closed last Friday at $111.97.
According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 12.7% and a 55.6% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Apollo Global Management, and Raymond James Financial.
Robinhood has an analyst consensus of Strong Buy, with a price target consensus of $114.04, which is a -4.3% downside from current levels. In a report issued on July 2, BTIG also initiated coverage with a Buy rating on the stock with a $125.00 price target.







