Needham analyst John Todaro raised the firm’s price target on Robinhood (HOOD) to $145 from $120 and keeps a Buy rating on the shares. The company’s September month to date metrics showed solid growth across the platform and led the firm to increase its estimates in nearly every segment for Q3, the analyst tells investors in a research note. Needham adds that it sees Robinhood as the farthest along financial services platform in becoming a “one-stop shop.”
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