[Piper Sandler Raises Robinhood Stock Price Target from $120 to $140 Due to Predicted Market Growth] According to Golden Finance, the well-known American investment bank and financial services company Piper Sandler has raised the price target for Robinhood (HOOD) from $120 to $140 due to predicted market growth. Robinhood has achieved strong growth in the prediction market through its partnership with Kalshi. The event contract trading volume for September is expected to reach $2.6 billion, with Robinhood users driving 25% to 35% of the trading activity. Its annualized revenue exceeds $200 million, prompting Piper Sandler to raise its earnings per share forecasts for 2025 to 2027.