KeyCorp and Needham & Company raised price targets for Robinhood Markets (HOOD).
KeyCorp increased its price target to $125. The firm previously set a target of $100 and maintains an overweight rating. Needham hiked its price target to $123. Its previous target was $97.
Analysts cited strength across nearly every metric ahead of the company's earnings report. Monthly data indicates accelerating growth in equities and options. The bullish outlook also follows a rebound in crypto activity.
Bernstein issued a separate price target increase earlier this week. Robinhood will announce its Q2 2026 earnings on July 29.