BofA Hikes Price Targets on Robinhood, Coinbase; Cuts eToro Ahead of Q3 Earnings
Bank of America raised its price targets on Robinhood (HOOD) and Coinbase (COIN) ahead of their third-quarter earnings reports. The firm also cut its target on peer eToro (ETOR).
Robinhood (HOOD) and Coinbase (COIN) shares rose in morning trade Monday after Bank of America lifted its price targets on both crypto-linked stocks ahead of third-quarter earnings, while the firm lowered its target on peer eToro (ETOR). HOOD stock was up around 1% in morning trade, with retail sentim…