KBW sets Robinhood stock price target at $20
Brokerage firm KBW released a report stating that the stock rating for Robinhood, a stock and cryptocurrency trading platform, is "in line with the market," with a target stock price of $20. KBW stated that with the acceleration of retail business, Robinhood's stock price has risen 150% in just four months, and the biggest issue is how long this recent growth will continue.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Manhattan prosecutors plan to scale back crypto cases
USDC Treasury destroys 50 million USDC on the Ethereum chain
dYdX community passes proposal to allocate 50% of revenue to MegaVault and 10% to Treasury SubDAO