Piper Sandler raises its price target on Robinhood stock from $120 to $140 on market growth forecast
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最新报道：According to a market report by Bloomberg analyst Walter Bloomberg, Piper Sandler, a renowned US investment bank and financial services firm, has raised its target price for Robinhood ($HOOD) from $120 to $140 due to growth in the prediction market. Robinhood has seen strong growth in the prediction market through its partnership with Kalshi. September event contract trading volume is expected to reach $2.6 billion, with Robinhood users driving 25% to 35% of this activity. Annualized revenue exceeding $200 million has prompted Piper Sandler to raise its earnings per share forecast for 2025 to 2027.
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