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Bernstein maintains $160 Robinhood target, citing crypto expansion drivers

Bernstein said Robinhood’s next crypto growth could come from tokenization and prediction markets as the firm’s crypto push expands.

Reported · Written up by our desk · Market Structure

Bernstein reaffirmed its $160 price target for Robinhood, arguing the company has upside potential tied to its evolving crypto business, according to The Block.

The investment firm pointed to tokenization and prediction markets as likely growth drivers for Robinhood’s crypto strategy, as the company looks to expand beyond traditional trading offerings.

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