Thanks to the rapid development of the Robinhood chain, research institutions have raised the target price of Robinhood stock to $165.

BlockBeats news, September 11 - Wall Street investment research firm Citizens JMP Securities announced it has raised its price target on Robinhood (HOOD) from $155 to $165, maintaining an Outperform rating.

The analyst emphasized that the rapid expansion of Robinhood Chain activity and the growing developer ecosystem will help drive tokenization, AI, and smart finance innovation, fueling growth in businesses such as trading, lending, and stablecoins.