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HOOD jumps after Goldman lifts PT to $142, reiterates Buy

Robinhood (HOOD) shares gained in pre-market trading after Goldman Sachs raised its price target to $142 from $124 and reiterated a Buy rating, citing early scaling of Rothera’s prediction market exchange.

HOODGS

Robinhood Inc. (HOOD) shares rose in pre-market trade after Goldman Sachs lifted its price target on the stock to $142 from $124 and reiterated a Buy rating. In a note to investors cited by TheFly, analyst James Yaro said the call reflected the early scaling of the brokerage's prediction market exchange, Rothera.