Robinhood Analysts Revise Stock Price Targets Following Strong May Results

Reported 1 day ago

Robinhood's CEO, Vlad Tenev, announced optimistic plans for the upcoming 'To Catch a Token' cryptocurrency event while reporting strong May metrics. The online brokerage firm's total platform assets rose to $255 billion, and customer numbers increased, prompting analysts at Mizuho and Goldman Sachs to raise their price targets for Robinhood's stock. The event is expected to reveal significant advancements in digital assets, reinforcing Robinhood’s position in the crypto market and its robust growth trajectory.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis