Cantor is bullish on Coinbase and Robinhood and has raised their target prices, predicting a new round of market-driven growth.

Odaily Planet Daily reports that Cantor Fitzgerald analysts say investors are shifting their focus to new businesses such as prediction markets, which are also a key driving force behind Coinbase and Robinhood’s next phase of growth. Currently, analysts maintain a “buy” rating on both exchanges and have raised their target prices to $250 and $110 respectively, believing that as product expansion (such as prediction markets, tokenization, and access to private markets) progresses, the medium- to long-term growth prospects for both companies will improve. (CoinDesk)