Robinhood HOOD up 229% YTD: Citigroup Raises Stock Forecast
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最新报道：Citigroup raised Robinhood's (HOOD) price target to $135 from $120, maintaining a Neutral rating, citing strong trading activity and recent revenue growth. Mizuho holds the most optimistic target at $145, while Piper Sandler increased its target to $140 from $120, reiterating Overweight, with prediction markets and sports betting driving revenue. Robinhood's Q2 revenue hit $989M, up 45% YoY, supported by record trading volumes and diversified products. The stock has surged over 220% year-to-date, boosted by Fed rate cuts and crypto-friendly policies, with analysts anticipating further gains ahead of Q3 earnings on October 29.
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