HOOD May 2024 18.500 put
| Previous close | 0.9800 |
| Open | 0.8800 |
| Bid | 0.1800 |
| Ask | 0.1900 |
| Strike | 18.50 |
| Expiry date | 2024-05-24 |
| Day's range | 0.1600 - 0.9300 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.01k |
- Yahoo Finance Video
Robinhood gets a double upgrade from Bank of America
Robinhood (HOOD) shares are trading higher after the company received a double upgrade from Bank of America. Robinhood now has a Buy rating after previously having an Underperform rating. Bank of America has set a $24 price target, up from $14. The analysts behind the call point to increasing retail engagement, accelerating organic growth, and large expense reductions as catalysts for the company. Robinhood also reported major cryptocurrency gains in its latest earnings report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Investor's Business DailyIPO Stock Of The Week: Robinhood Surges Above Buy Point On Analyst Upgrade
Robinhood stock soared more than 10% Friday after an analyst's upgrade, as shares rallied above a buy point.
Barrons.comRobinhood Stock Gets a Double Upgrade on ‘Rebounding Retail Engagement.’
Robinhood Markets stock was climbing Friday after a BofA Securities analyst double upgraded the trading platform, saying retail investors are becoming more active. BofA Securities analyst Craig Siegenthaler raised his call on Robinhood to Buy from Underperform and raised his price target to $24 from $14. Shares of Robinhood were up 8.4% to $19.41, on pace to have their largest percentage increase since Feb. 14, according to Dow Jones Market Data.
