Analysts at Wall Street brokerage Bernstein say it won’t be long before Robinhood Markets (NASDAQ: $HOOD) is earning more revenue from its prediction market than crypto trading.

In a note to clients, Bernstein raised its price target on HOOD stock to $160 U.S. from $130 U.S. and reiterated a buy-equivalent outperform rating on the shares. 

The raised price target is based on the growth of Robinhood’s prediction market, as well as a generational shift in how retail investors trade.

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