Morgan Stanley Lifts Robinhood Price Target to $150
Analysts forecast 43% stock surge based on core business performance.
TLDR
Morgan Stanley analysts raised their price target for Robinhood from $124 to $150. The forecast points to a 43% potential increase in the stock. It rests on expected growth in the company's core brokerage and trading services. The projection does not factor in cryptocurrency activity. MarketWatch reported the update from the analysts' assessment of Robinhood as an online trading platform provider.
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