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Robinhood Shares Rise 3.9% After Rosenblatt Initiates Buy Rating

Robinhood shares jumped 3.9% in the afternoon session after Rosenblatt Securities initiated coverage with a Buy rating and a $135 price target. Bitcoin also rebounded, prompting broad buying across cryptocurrency-linked equities, the report said.

HOOD

Robinhood shares climbed 3.9% in afternoon trading after Rosenblatt Securities began coverage with a Buy rating and a $135 price target. Bitcoin also rebounded, prompting broad buying in cryptocurrency-linked equities.