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Deutsche Bank maintained its buy rating on Robinhood (HOOD) and raised its price target to $136 from $115 as fee revenue from its proprietary blockchain network, Robinhood Chain, surged and lifted earnings-per-share estimates. According to DeFiLlama data, Robinhood Chain’s daily revenue jumped from under $200,000 in mid-August to $1.92 million at the end of the month, then reached $4.01 million on Sept. 2. Analyst Brian Bedell said the past five days generated $10.8 million in fee revenue, far exceeding the firm’s original third-quarter estimate of $4.6 million for the entire period, while adding that visibility on whether the rapid growth can continue remains limited.