Analyst hikes Robinhood price target after job cuts

Wall Street is openly rewarding Robinhood for firing its employees. After announcing a 10% workforce cut, analysts didn't just stay bullish—they hiked price targets to $110, specifically citing "lower headcount expense" as a reason for the upgrade. It seems 290 people losing their jobs is exactly what the market wanted to see to drive the stock higher. Is it time we stop viewing mass layoffs as a positive "efficiency" signal for investors? What’s your take?
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