Morgan Stanley upgrades Robinhood stock rating on product expansion
Investing.com
Morgan Stanley has upgraded Robinhood Markets (NASDAQ:HOOD) to Overweight from Equalweight and increased its price target to $150.00, citing the company's expanding product capabilities that are improving customer economics and extending growth duration. The firm notes Robinhood's ability to diversify revenue streams beyond funded-account growth, with 13 business lines now generating significant annualized revenue in areas like retirement, banking, and credit cards. This upgrade reflects confide
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