Mizuho analyst Dan Dolev raised the firm’s price target on Robinhood to $14 from $13 and keeps a Buy rating on the shares. “Following a turbulent year, 3Q was a triumph” for Robinhood, Dolev tells investors in a research note. Robinhood proved that it can be adjusted EBITDA positive helped by cost-cutting, generate a rebound in transaction revenue in a challenging environment, increase average revenue per user, and drive a slowdown in monthly active user declines, Dolev As previously reported,
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