Bernstein Raises Robinhood Price Target to $160
Bernstein analysts have increased their price target for Robinhood Markets (HOOD) from $130 to $160 while maintaining an Outperform rating. The firm believes the brokerage is well-positioned to capitalize on a growing market in prediction markets, perpetual futures, and tokenized equities, projecting revenue of $1.7 billion by 2028 through its Rothera platform.
Tickers: $HOOD
Topics: Brokerage Growth Investor Sentiment Prediction Markets Robinhood Markets