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JPMorgan Bullish on Robinhood: Price Target Skyrockets 100% Amid Crypto & Tokenization Surge
JPMorgan Bullish on Robinhood: Price Target Skyrockets 100% Amid Crypto & Tokenization Surge
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Wall Street wakes up—two years late—to Robinhood's crypto dominance.
JPMorgan just slapped a double-upgrade on HOOD, betting heavy on its crypto infrastructure and tokenization plays. No mention of whether analysts finally tried the app themselves.
The move comes as Robinhood's crypto volumes hit record highs—turns out millennials like trading memecoins between Zoom meetings.
Tokenization thesis? Strong. Execution risk? Higher. The irony of traditional banks praising a platform that gutted their commission revenue? Priceless.
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