Morgan Stanley Upgrades Robinhood Stock With $150 Price Target
Analyst·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Morgan Stanley has upgraded Robinhood stock on its growth outlook, raising its price target from $124 to $150. This upgrade comes as the mobile broker trends higher following its record Q2 report.
Analysts at Morgan Stanley predict a 43% surge for Robinhood, emphasizing that this growth is expected without reliance on cryptocurrency revenues.
Robinhood
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Morgan Stanley upgrades Robinhood stock on its growth outlook, as the mobile broker trends higher following its record Q2 report.”
IBD — Robinhood Stock Upgraded On Growth Outlook, Shares Push Near Entry“Analysts at Morgan Stanley lifted their price target for the online trading platform provider from $124 to $150.”
MarketWatch — Morgan Stanley sees a 43% surge for Robinhood — without help from crypto“Morgan Stanley is upgrading Robinhood stock with a $150 target, betting on user monetization”
quartz — Morgan Stanley is upgrading Robinhood stock with a $150 target, betting on user monetization