Evercore ISI Keeps Robinhood at Buy on Crypto, Tokenized Asset Growth
Photo: TokenPost
Evercore ISI maintained a Buy rating on Robinhood, pointing to the company’s expansion across digital assets, prediction markets and tokenized assets as potential long-term growth drivers. The firm also highlighted Robinhood’s user growth and broader business diversification. Those developments may strengthen the company’s long-term prospects even as its stock has underperformed this year. Robinhood has continued expanding its crypto business and launched products including tokenized stocks. The firm said the market may be underestimating Robinhood’s future growth potential. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
