Goldman Sachs is only adjusted to 108, which is about the same as Truist’s 100—there’s quite a bit of disagreement among institutions. However, after a 40% month-over-month rise, it pulled back by 3%, which is healthy. We’ll wait for a surprise in Q2 trading revenue.

Cantor Fitzgerald raises Robinhood's target price to $130 and plans to raise up to $2.2 billion through convertible bonds, stating that growth drivers have not yet been fully reflected in the valuation, involving new products, market growth, listing pipeline, and regulatory changes. Goldman Sachs raises the target price from $105 to $108, and Truist maintains a buy rating with a $100 target price. The stock price is about $102.7, down 3% daily, up approximately 40% monthly. Truist states that although crypto trading volume is sluggish, there are signs of improvement, and second-quarter trading revenue may exceed market expectations by double digits.