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Robinhood Stock Soars to Street-High Price Target Amid S&P 500 Inclusion
Robinhood Stock Soars to Street-High Price Target Amid S&P 500 Inclusion
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BTCCSquare news:
Robinhood shares are trading NEAR record highs after a 215% surge year-to-date, fueled by its addition to the S&P 500 Index. Bernstein analyst Gautam Chhugani, ranked in the top 4% of Wall Street professionals, raised his price target to a Street-high $160, suggesting 24% upside potential.
The index inclusion validates Robinhood's evolution beyond a speculative trading platform into a next-generation financial services leader. "Under the hood, it's building the most evolved multi-asset financial super-app," Chhugani noted, highlighting significant growth runway in both trading and financial services.
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