Robinhood analyst PT raised to 135 from 125

BTIG raised its price target on Robinhood (HOOD) to 135 from 125, citing month-to-date September trading volume metrics through 9/24. The analyst said crypto volume is on track to be the strongest month since February and that Event contracts are tracking toward 5.5B, up 17% month-over-month, with Q3 user growth and net deposits supporting a higher trading multiple.