Goldman Sachs has reiterated its price target of $48 for Robinhood ($HOOD), following the company's strong November metrics. The investment bank highlighted a 16% increase in trading volume for Robinhood in November, which is expected to position the company well for the fourth quarter of 2024. The positive performance is attributed to elevated trading activity following recent market trends. Additionally, Robinhood's stock has shown remarkable recovery, rising over 450% from its lows this year and up more than 200% overall in 2024.