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Evercore ISI initiates coverage on Robinhood Markets with outperform rating and $130 price target

Investing.com ·

HOOD Robinhood Markets Inc
$109.22 +0.18%
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  1. 1Evercore ISI initiated coverage on Robinhood Markets with a 12-month price target of $130.
  2. 2Robinhood rapidly achieved $100 million in revenue from new Robinhood products across 13 products.
  3. 3IonQ expanded its quantum security platform through the $1.3 billion acquisition of Elisity.

So what's the key point?

Evercore ISI started analyzing Robinhood Markets and expects the stock price to rise. Robinhood Markets quickly generated $100 million in revenue from its new products.

Source Investing.com · View original ↗

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