Morgan Stanley Upgrades Robinhood Stock on Prediction Market Growth
Morgan Stanley has upgraded Robinhood’s stock rating and raised its price target to $150, highlighting the platform’s rapidly expanding prediction market business as a key growth driver. Analysts project significant upside for the brokerage despite broader market volatility.
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Robinhood’s Prediction Market Growth Makes Morgan Stanley a Bull
Robinhood Markets Inc.’s prediction markets efforts offer a “proof point” that the online brokerage can keep expanding revenue, according to Morgan Stanley analyst Michael Cyprys.
By Felice Maranz
Read full article →There's an underappreciated growth driver for Robinhood, Morgan Stanley says
Robinhood should be able to see considerable upside by increasing its efforts to monetize its existing user base, per Morgan Stanley.
Read full article →Morgan Stanley sees a 43% surge for Robinhood — without help from crypto
Analysts at Morgan Stanley lifted their price target for the online trading platform provider from $124 to $150.
By Nora Redmond
Read full article →Morgan Stanley sees a 43% surge for Robinhood - without help from crypto - Morningstar
Morgan Stanley sees a 43% surge for Robinhood - without help from crypto Morningstar
Read full article →Morgan Stanley Upgrades HOOD, Cites Prediction Market Boom for $150 Target
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