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Bernstein raises Robinhood price target to $160
Bernstein said prediction markets revenue is expected to overtake Robinhood's crypto-related revenue, with Rothera and Robinhood Chain cited as key drivers.
Bernstein lifted its Robinhood price target to $160, pointing to multiple revenue engines inside the platform.
According to The Block, the firm highlighted prediction markets, alongside Rothera and Robinhood Chain, as key contributors to future revenue performance.
The analysis also projects that prediction markets revenue could surpass crypto-related revenue, underscoring a shift toward non-crypto drivers within Robinhood's business mix.
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