Robinhood Stock Expected to Rebound: Analyst Predicts $112 Target

Shares of Robinhood Markets (HOOD) are showing signs of recovery, with analysts predicting a potential rebound driven by strong earnings and increased institutional interest. Expert Ali Martinez suggests that the stock could reach $112 if bulls gain control and hold above the $106 mark. This prediction comes alongside Cathie Wood’s Ark Invest increasing their holdings in HOOD despite recent declines in other crypto stocks like Coinbase and Strategy.