Robinhood Chain Booming, Bernstein Puts Higher Target on HOOD
Bernstein just raised its price target on Robinhood stock to $160, citing long-term value in the company's blockchain infrastructure.
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Read original at News Bernstein raised its price target on Robinhood stock to $160, citing long-term value in its blockchain infrastructure. Robinhood Chain has gained 2% over the past week, with daily trading volume near $44 million. Bernstein analysts led by Gautam Chhugani expect new businesses to generate 18% of total revenue by 2027.
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