The June 5 move lifts Deutsche Bank’s view on Robinhood Markets, with the brokerage’s revised target reported by Jin10 via BlockBeats.
Deutsche Bank raised its price target for Robinhood to $98 from $88 on June 5, according to BlockBeats, which cited Jin10. The update points to a more constructive view on Robinhood Markets’ shares, though the report provided no further rationale for the change.