Shares of Robinhood Markets (HOOD) advanced Monday after Morgan Stanley upgraded the stock and more than doubled its 澳洲幸运5官方开奖结果体彩网:price target, saying the online trading platform was among the biggest winners from the 澳洲幸运5官方开奖结果体彩网:presidential election outcome. 

The bank raised its rating to "overweight" from "equal weight," and boosted 澳洲幸运5官方开奖结果体彩网:Robinhood's price target to $55 from $24.

President-elect Trump has called for the U.S. to be the cryptocurrency "capital of the planet," and the analysts wrote that "potential deregulation enables HOOD to participate more aggressively in crypto."

Potential Deregulation, R𝓰ising M&A and IPOs Bode💧 Well for Trading Platform

They added that post-election "澳洲幸运5官方开奖结果体彩网:animal spirits" associated with deregulation, along with recovery in 澳洲幸运5官方开奖结果体彩网:mergers and acquisitions (M&A) activity and, eventually, 澳洲幸运5官方开奖结果体彩网:initial public offerings (IPOs), "likely lead to robust retail trading environmꦡent into 202🍰5."

澳洲幸运5官方开奖结果体彩网:Morgan Stanley boosted its outlook for Robinhood's revenue growth by 6% for 2025, 13% for 2026, and 21% in 2027, and increased its 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) guidance by 10%, ඣ28%, and 50%, respectiꦗvely, over those same years.

⛦Robinhood Markets shares on Monday traded at their highest level𓆉 since October 2021, recently up more than 2% at $37.53.