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Analysts reboot Robinhood stock price target after crypto event
In Cannes, they like to say “qui li ven li vieù”--"Whoever goes there, lives there." The people at Robinhood Markets (HOOD) were sure feeling at home at the resort town on the French Riviera, site of the famous international film festival. The Menlo Park, California-based financial services company made a series of announcements at its "To Catch a Token" event on June 30. “Our latest offerings lay the groundwork for crypto to become the backbone of the global financial system,” Robinhood Chairman and CEO Vlad Tenev said in a statement. Among other things, Robinhood unveiled the launch of more than 200 ... (full story)