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Piper Sandler lifts HOOD price target over 40% on football catalyst

Robinhood (HOOD) edged lower in pre-market as Piper Sandler raised its price target by above 40%, citing the upcoming football season as the next catalyst for its prediction-market business.

HOOD

Robinhood Markets Inc (HOOD) shares edged lower in pre-market on Wednesday even as Piper Sandler raised its price target by above 40%, with the analyst citing the upcoming football season as the next catalyst for the company's prediction-market business.In a note to investors cited by TheFly, Piper…