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News Explorer — Compass Point Sees Robinhood's Opportunity to Grow Revenue by Expanding Crypto Services for US Customers

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Mar 20, 12:31 am

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Compass Point Sees Robinhood's Opportunity to Grow Revenue by Expanding Crypto Services for US Customers

Compass Point initiated coverage on Robinhood, rating it a buy with a $61 price target, citing potential revenue from cross-selling to U.S. customers and expanding crypto services. The investment bank highlighted Robinhood's underperformance in the crypto market compared to Coinbase.

Compass Point initiated coverage on Robinhood, rating it a buy with a $61 price target, citing potential revenue from cross-selling to U.S. customers and expanding crypto services. The investment bank highlighted Robinhood's underperformance in the crypto market compared to Coinbase.

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