Bernstein predicts Robinhood Chain's annual fee revenue to reach $160 million by 2028, raising Robinhood's target price

Bernstein analysts predict that Robinhood Chain's annual fee revenue will reach $160 million by 2028, driven by demand for tokenized stock trading. Robinhood Chain has earned $2.13 million in the past 24 hours. Bernstein raised the target price of Robinhood stock from $130 to $160.