According to CNBC, Deutsche Bank has raised Robinhood's (HOOD) price target from $115 to $136 while maintaining a 'Buy' rating, primarily due to Robinhood Chain's recent revenue significantly exceeding expectations. Citing DeFiLlama data, Deutsche Bank noted that the chain's daily revenue increased from less than $200,000 before mid-August to $4.01 million on September 2, with a five-day total of approximately $10.8 million. Deutsche Bank estimates that around $5.4 million of this will translate into Robinhood's fee revenue, already surpassing its previous forecast of $4.6 million for the entire third quarter. Analysts also mentioned that there is still insufficient visibility regarding the sustainability of this revenue growth. https://(wublock123.com)/news/deutsche-bank-raises-robinhood-price-target-to-136-robinhood-chain-revenue-exceeds-expectations-67824