Robinhood stock gains nearly 20% with new buy ratings and price upgrades from analysts.

Robinhood's stock rose nearly 20% from early June lows, boosted by two new buy recommendations. Goldman Sachs upgraded its 12-month price target from $108 to $121, citing strong activity across cryptocurrencies, stocks, options, and event contracts. Barclays also maintained a buy rating but kept a lower price target of $82. Despite a 14% year-to-date loss, Wall Street remains optimistic, expecting moderate gains ahead as Robinhood continues to grow and expand its product offerings.