ROBINHOOD ( $Robinhood(HOOD.US)) PT RAISED TO $140 AT PIPER SANDLER ON PREDICTION MARKET GROWTH
Piper Sandler raised Robinhood’s target to $140 (from $120), citing strong upside from prediction markets via its Kalshi partnership. September event contract volumes are set to hit a record $2.6B, with Robinhood users driving 25–35% of activity. Annualized revenues exceed $200M, prompting higher 2025–2027 EPS estimates.The copyright of this article belongs to the original author/organization.
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