Analyst hikes Robinhood price target on new product

Robinhood’s $110 price target is a massive bet that "investing" is now just event-based gambling. Despite losing 20% this year, the platform is pivoting to prediction markets like the 2026 World Cup to capture fees. This shift suggests the future of retail finance isn't building portfolios, but wagering on global headlines. Is Robinhood still a legitimate brokerage, or has it officially become a glorified sportsbook for retail traders? What’s your take?
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