Morgan Stanley Upgrades HOOD, Cites Prediction Market Boom for $150 Target
Morgan Stanley upgrades Robinhood to Overweight with a $150 target, citing booming prediction markets as a key growth driver.
A big investment bank thinks Robinhood will do really well because more people are using prediction markets—places where you guess what will happen and can win money. When smart analysts get excited about a company, it's worth noticing what they think will help it grow.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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