CoinScoopGoldman Sachs Raises Robinhood Price Target to $145
Goldman Sachs has raised its 12-month price target for Robinhood (HOOD) from $144 to $145, maintaining a buy rating. September data showed crypto trading volume reached $21.9 billion, exceeding market consensus by 87%, while event contract volume outperformed consensus by 36%. The firm also cited a steeper interest rate curve as a driver for increased net interest income, leading to upward revisions in revenue forecasts for 2026-2028.
Summaries are written by AI from the original article. Not investment advice.