List of Flash News about stock to watch
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12:25 |
Robinhood (HOOD) Price Target Raised to $71 by Needham Amid Strong Product Expansion and Crypto Growth
According to Stock Talk (@stocktalkweekly), Needham has raised its price target for Robinhood (HOOD) to $71 from $58, while maintaining a 'Buy' rating due to continued product expansion across its platform. The report highlights Robinhood's growing product suite, including its increasing integration of cryptocurrency trading and related services. This strategic expansion is seen as a positive catalyst for future trading volume and user engagement, especially in the crypto market segment. Traders are advised to monitor HOOD closely as its expanding crypto offerings could drive higher volatility and liquidity in digital asset markets (source: Stock Talk, May 14, 2025). |