Mizuho sees Robinhood's crypto expansion driving a rerating, hikes HOOD price target to $99
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币界网报道：Robinhood's aggressive crypto expansion, including tokenized U.S. stocks for Europe, crypto perpetual futures with 3x leverage, and ETH/SOL staking in the U.S., has prompted Mizuho Securities to raise its price target from $80 to $99. The platform's crypto segment hit record volumes, generating $120 billion in trading and $610 million in revenue. Upcoming features like a crypto rewards card, an Ethereum-based Layer 2 chain, and AI-powered investing assistant Cortex further bolster its growth. With offerings in 30+ EU/EEA countries, Robinhood aims to capture a $600 billion market, positioning
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