Mizuho raises Robinhood's target price to $99

On July 2, Mizuho analysts reiterated their "Buy" rating on Robinhood (HOOD) and raised their price target from $80 to $99. Robinhood (HOOD) announced yesterday the launch of tokenized stock products based on Arbitrum and is building a dedicated Layer 2 network, Robinhood Chain, for RWA.

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