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Benzinga
Benzinga
Business
Joel Elconin

PreMarket Prep Tackles Robinhood Markets Downgrade: 'The Stupidest Thing Ever'

Robinhood PreMarket Prep Robinhood Markets Dennis Dick Goldman Sachs

For the second day in a row, a major Wall Street firm has downgraded a company to Sell. 

Before the open Friday, Goldman Sachs analyst Will Nance downgraded Robinhood Markets (NASDAQ:HOOD) from Neutral to Sell and announced a $13 price target. The nature of the rating and the price target makes Robinhood the PreMarket Prep Stock of the Day.

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