GeneralBullishBlockonomi · 6h ago7/10
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Robinhood (HOOD) Stock Climbs as Mizuho Boosts Price Target to $115 on Regulatory Shift
Mizuho Securities upgraded Robinhood's price target to $115 following the SEC's removal of the $25,000 minimum account balance requirement for Pattern Day Traders (PDT). This regulatory change is expected to expand Robinhood's addressable market and drive revenue growth by lowering barriers to entry for active retail traders.