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Robinhood price target raised to $147 from $146 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Robinhood (HOOD) to $147 from $146 and keeps an Equal Weight rating on the shares. Healthy transactional activity across brokers and exchanges in Q4 drives modest positive revision risk, notes the analyst in a preview. The analyst is raising Q4 EPS estimates by 5% on average, leaving the firm in-line with consensus, the analyst noted.

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