Bernstein Updates Robinhood Markets Share Price Target to $160, Citing Strong Growth Potential in Prediction Markets Over Traditional Crypto

Financial analysts continue to express growing confidence in Robinhood Markets‘ (NASDAQ: HOOD) strategic evolution, with Bernstein recently elevating its outlook on the fintech company's shares. The firm hiked its 12-month price target for HOOD to $160 from $130 while maintaining an Outperform recommendation.