Robinhood Markets (NASDAQ:HOOD) shares are trading lower on Wednesday after the company reported fourth-quarter financial results after market close on Tuesday.

Analysts see the company’s product expansion as a positive, but guidance and spending remain concerns.

• Robinhood Markets stock is taking a hit today. What’s behind HOOD decline?

The Robinhood Analysts

Cantor Fitzgerald analyst Ramsey El-Assal maintained an Overweight rating on Robinhood with a price target of $310.

Needham analyst John Todaro reiterated a Buy rating, while lowering the price target from $135 to $100.

Cantor Fitzgerald on HOOD Stock

Robinhood reported mixed results with revenue missing analyst estimates….

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