Cantor Fitzgerald has initiated coverage of Robinhood Markets Inc. (ticker: $HOOD) with an Overweight rating, setting a price target of $69. The firm highlighted Robinhood's popularity among younger generations and its robust performance in 2024, reporting $193 billion in assets under custody and adding 1.8 million net new funded accounts, while achieving a revenue growth of 58.2%. Analysts expect that the company's expansion into cryptocurrency and equity markets will drive further upside. Additionally, Robinhood is currently in the spotlight as a potential candidate for inclusion in the S&P 500 index, with the announcement expected shortly. The company is also promoting a 'Gold Month' event, which includes special offers and a major event scheduled for March 26, 2025, aimed at enhancing its subscription services that reportedly bring in $15.5 million in monthly recurring revenue from its Gold Subscription alone.