Goldman Sachs Raises Robinhood Target to $121; Marcus Offers 4.10% CD
GS•Goldman Sachs analyst James Yaro raised Robinhood Markets’ price target to $121 from $108 after a record June with $343 billion equity volume, 274 million options contracts and $14 billion in crypto trades. GS’s Marcus unit now offers a 14-month CD at 4.10% APY, the highest available today.
1. Analyst Upgrades Robinhood Price Target
Goldman Sachs analyst James Yaro boosted Robinhood Markets’ price target from $108 to $121, citing June’s record volumes across equities, options and crypto trading. The team highlighted $343 billion in equity trades, 274 million options contracts and $14 billion in crypto flows as evidence of accelerating platform growth.
2. Marcus Launches Competitive 14-Month CD
GS’s consumer banking arm, Marcus, introduced a 14-month certificate of deposit at 4.10% APY, marking the highest rate available among major offerings. This rate stands well above the national average and underscores GS’s strategy to attract retail deposits in a higher interest rate environment.
