Sep. 9 at 11:04 AM
$HOOD StoneX starts Robinhood at Buy with nearly every operating metric accelerating
StoneX analyst Mark Palmer initiated coverage of Robinhood with a Buy rating and
$170 price target. Nearly every operating metric is accelerating for the mobile-first retail financial platform serving 28.4M funded customers, the analyst tells investors. Robinhood has expanded well beyond commission-free equity trading into crypto, options, prediction markets, net interest income, subscriptions, banking and advisory, notes the analyst, who adds that it is now moving up the stack into market infrastructure.