Analysts See Bright Future for Bank Of Montreal and Robinhood Stocks
Analysts from major financial institutions are upbeat about two stocks in the Financial sector. Matthew Lee, a 5-star analyst at Canaccord Genuity, maintains a Buy rating on Bank Of Montreal (BMO). His price target is not specified in the report, but the current average target is $188.18, representing a 6.8% upside from last Friday's closing price of $175.40.
Lee has an impressive track record with an average return of 23.6% and a success rate of 70%. His focus on Financial stocks has yielded successful predictions for Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.
In another development, Michael Cyprys from Morgan Stanley is also bullish on Robinhood (HOOD), maintaining a Buy rating with a price target of $150.00. HOOD shares closed last Friday at $122.11, representing a 5.8% upside from the current average price target of $127.43.