Piper Sandler Boosts Robinhood $HOOD to $155 and Palantir $PLTR to $201 Maintaining Overweight as Crypto-Exposed HOOD Gains Attention
Piper Sandler, a prominent investment bank, has recently raised its price targets for two notable companies: Robinhood Markets (HOOD) and Palantir Technologies (PLTR). Financial analyst Evan shared this update on X, formerly known as Twitter, sparking fresh interest in the stock market. This shift occurs at a time when traditional stocks and cryptocurrency trading are increasingly intertwined.
Boosting Robinhood’s Price Target
On October 14, 2025, Piper Sandler adjusted its price target for Robinhood (HOOD) to $155, up from $140. The firm’s Overweight rating reflects growing confidence in Robinhood’s ability to expand its cryptocurrency trading services. This platform has emerged as a crucial gateway for retail investors looking to enter the crypto market.
- Previous price target: $140
- New price target: $155
- Date of adjustment: October 14, 2025
Robinhood’s commission-free trading on assets like Bitcoin (BTC) and Ethereum (ETH) may lead to increased bullish momentum for its stock. Based on recent trading patterns, support levels for HOOD are near $140, while resistance could be around $160. Historical data indicates a potential 5-10% rise in BTC trading volumes following positive news related to Robinhood.
Palantir’s Price Target and AI Insights
Simultaneously, Piper Sandler upgraded Palantir’s (PLTR) price target to $201, an increase from $182, while maintaining an Overweight rating. Palantir is recognized for its innovative AI and data analytics platforms, which have direct implications for the AI token sector within cryptocurrencies.
- Previous price target: $182
- New price target: $201
- Date of adjustment: October 14, 2025
Recent trading analysis reflects a 20% increase in PLTR’s trading volume following upgrade announcements. The Relative Strength Index (RSI) for PLTR is currently around 65, indicating potential for upward movement. This firm’s developments could stimulate sentiment in related AI tokens like Fetch.ai (FET) and SingularityNET (AGIX).
Market Implications and Trading Strategies
The upgrades to both Robinhood and Palantir highlight institutional confidence in technology-driven firms. This could have a spillover effect on cryptocurrency markets, enhancing liquidity and catalyzing innovations. Traders might explore strategies that involve pairs like HOOD against BTC or PLTR against ETH to leverage current market volatility.
- BTC support levels: $60,000
- ETH resistance levels: $3,000
Additionally, reports indicate a 25% increase in crypto allocations from firms investing in HOOD and PLTR. This trend opens further trading opportunities, such as utilizing options strategies on HOOD or taking positions in AI tokens correlating to PLTR’s movements.
Risk Management Considerations
While the Overweight ratings suggest optimism, it’s vital for traders to consider macroeconomic factors. Changes on the Federal Reserve’s end could influence high-growth stocks like PLTR and affect sentiment among AI tokens.
Data from blockchain explorers shows elevated trading volumes for crypto pairs like BTC/USD during stock market uptrends, often exceeding 10 billion daily trades. By focusing on these correlations, investors can pinpoint strategic entry points, reinforcing the need to monitor market signals for enhanced returns.
