Bank of America raises price targets for Robinhood and Coinbase to $156 and $203 respectively; cuts eToro’s price target to $39.

Bank of America (BofA) adjusted price targets for three crypto trading platforms ahead of their third-quarter earnings releases. Analyst Craig Siegenthaler raised Robinhood’s price target from $140 to $156, retaining a "Buy" rating; lifted Coinbase’s target from $174 to $203, also keeping a "Buy" rating; and cut eToro’s target from $46 to $39, maintaining a "Neutral" rating.

In terms of earnings forecasts, the market expects Robinhood to generate roughly $1.4 billion in Q3 revenue with earnings

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