Bernstein Predicts 60% Robinhood Rally, Lifts HOOD Target to $160

Story Highlights* Bernstein raised Robinhood's price target to $160 while maintaining its Outperform rating.

  • Robinhood's Rothera exchange processed over 3.5 billion prediction contracts since launching in May.
  • Bernstein expects new trading products to drive Robinhood's earnings well above Wall Street estimates.
HOOD6.69%
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