JPMorgan doubles its 2026 price target for Robinhood stock to $98
07-29 14:50
Odaily Planet Daily reports that JPMorgan Chase doubled its 2026 price target for Robinhood stock to $98, ahead of the company's second-quarter earnings release on Wednesday. JPMorgan Chase maintained its neutral rating on the stock and said it expects earnings per share of 31 cents, up from 21 cents a year earlier. JPMorgan Chase stated that the company's investments in cryptocurrency and tokenized finance will increase operating leverage and create long-term profitability. (CoinDesk)
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