Robinhood Markets shares traded slightly higheron Tuesday afternoon after a string of bullish developments, according to Benzinga. The company’s stock jumped on Monday following news of its upcoming inclusion in the S&P 500, a milestone expected to spark demand from index funds. Bernstein analysts raised their price target for Robinhood to $160. They expect revenue to grow more than 51% annually through 2026, driven by gains in U.S. retail crypto and equity options trading. Bernstein also flagged wealth management expansion and plans for a blockchain-based marketplace for tokenized assets as future growth catalysts. Shares traded at $118.42 on Tuesday afternoon, up 0.99%, according to Benzinga Pro.
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