Bernstein raises Robinhood PT on extended crypto bull market
** Brokerage Bernstein raises price target of trading platform Robinhood HOOD.O to $160 from $105, citing extended bull run in the crypto markets
** Bernstein expects Bitcoin and other cryptocurrencies to rally through 2026 and peak in 2027, a cycle it says boosts trading volumes at crypto exchanges
** The brokerage sees Trump administration's push to make the U.S. a global crypto hub as a key driver of this extended bull market
** Shares of HOOD rise about 0.6% to $115.7 in pre-market trading
** Analysts also say HOOD's acquisition of Bitstamp and its rollout of staking and tokenized products in Europe will also drive growth
** 16 of 24 brokerages rate the stock "buy" or higher, 7 "hold" and 1 "sell" or lower; their median PT is $114.5 - data compiled by LSE
** As of last close, stock has nearly tripled to gain ~191%YTD
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