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  1. Several companies, including Robinhood, Coinbase, and OpenAI, are targeting high-valuation IPOs, with details emerging about early backing and investments.

Goldman Sachs gained regulatory approval for its securities division to underwrite IPOs, and firms raised price targets on Robinhood stock.

2 reports, 2 independent Updated Sep 8
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Goldman Sachs gained regulatory approval for its securities division to underwrite IPOs, and firms raised price targets on Robinhood stock.

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  1. Robinhood benefits from price target hikes, an IPO underwriting deal, and a minority stake purchase in Crypto.com.1 source
  2. Goldman Sachs secured IPO underwriting approval and firms raised Robinhood stock price targets.1 source

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