Citizens JMP keeps an Outperform rating on Robinhood (HOOD) with a $77 price target after attending the company’s Gold event. Robinhood announced products that move it into new sizable addressable markets, the analyst tells investors in a research note. Citizens says Gold adoption has been growing rapidly, and last night’s announcements should further accelerate the pace. The firm remains bullish on the shares, and encouraged by Robinhood’s near-term momentum and execution in the business.
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