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Bernstein: Maintains Robinhood's "Outperform" rating with a $160 price target

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2025-11-26 11:13:50
Bernstein analysts report that Prediction Markets has become Robinhood's fastest-growing line of business, with more than 1 million subscribers, over $300 million in annualized revenue, and a 57% market share in Kalshi. Bernstein maintains Robinhood's "outperform" rating, with a target price of $160, which is 38% upside from the current stock price.
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