Robinhood price target raised to $17 from $15 at Mizuho

Mizuho analyst Dan Dolev raised the firm’s price target on Robinhood to $17 from $15 and keeps a Buy rating on the shares. The 13% post-earnings increase in the stock was well deserved given that Robinhood is increasingly establishing itself as a share-gainer in the industry, the analyst tells investors in a research note. The firm believes new products like retirement are growing in popularity rapidly and starting to become meaningful.