Mizuho, Compass Point, Bank of America, and Morgan Stanley raised Robinhood price targets between July 2 and July 10. Revised targets for the company now range from $124 to $132.
The Robinhood Chain surpassed Ethereum in daily decentralized exchange volume shortly after its debut. Robinhood’s AI-powered agent trading has already attracted more than 70,000 accounts.
The company is considering a bond offering between $400 million and $500 million backed by credit card receivables. J. Safra Sarasin Holding AG increased its position in Robinhood by 51% during the first quarter.