Bernstein raises Robinhood price target to $160

Odaily Odaily Planet Daily News Bernstein raised its price target on Robinhood from $130 to $160, maintaining an "Outperform" rating. The firm anticipates that with Rothera and Robinhood Chain driving this next-generation trading bet, prediction markets will replace cryptocurrency as one of Robinhood's primary revenue sources as early as the second quarter.