Robinhood Expands into Prediction Markets with Rothera Platform
Deutsche Bank has upgraded its price target for Robinhood (HOOD) to $98 and reiterated a 'buy' rating following the company's expansion into prediction markets via its platform, Rothera. The move is expected to boost engagement as it routes event contracts related to major events like the World Cup.
Topics: analyst upgrade Deutsche Bank prediction markets Robinhood Rothera