Robinhood Markets: Crypto and subscriptions support analysts' USD 136 price target!
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Diversification: New revenue sources reduce reliance on pure trading business. Scotiabank Analysis: Outperform and USD 136 price target thanks to structurally more stable earnings base. Strategy: Scaling with cost discipline, driven by demographic wealth transfer. From trading provider to diversified financial platform The business model of Robinhood (HOOD) (i.) was primarily based on transaction revenues. Meanwhile, a shift towards a broader ecosystem is taking place. The company is experiencing growth in interest income and in the subscription...
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