Stocks expected to have increasing option volume: MODGE WBD HOOD MNST BROS LLY GILD DBX U PARA PBR DDOG

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Robinhood Markets (HOOD) PT Raised to $32 at BofA Securities

August 12, 2024 6:59 AM EDT

BofA Securities analyst Craig Siegenthaler raised the price target on Robinhood Markets (NASDAQ: HOOD) to $32.00 (from $28.00) while maintaining a Buy rating.

The analyst comments "HOOD reported better-than-expected EPS of $0.21 (vs. $0.16 BofAe/$0.15 cons) driven by record trading volumes and strong margin lending partially mitigated by... More