Reported about 11 hours ago
An analyst has raised the price target for Robinhood Markets (Nasdaq: HOOD) from $130 to $170, a 30% increase, following a strong performance with the stock nearing a new all-time high. Robinhood, known for its trading capabilities in stocks and cryptocurrencies, has seen significant growth since early 2025, driven by increased institutional trading. The company's expansion into prediction markets is also noteworthy, with new event contracts set to launch soon.
Source: YAHOO