Bernstein sees 78% upside for Robinhood as tokenization, prediction markets expand its crypto business

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Bernstein analysts maintain a $160 price target for Robinhood, anticipating a 78% upside, driven by tokenization and prediction markets expanding its crypto business. These emerging services are expected to boost user engagement and revenue, solidifying Robinhood's position in the competitive fintech space, and potentially leading to increased market share and profitability.