Robinhood stock jumps after Wolfe upgrade as HOOD heads into earnings
Robinhood Markets shares climbed roughly 4.5% in late trading Monday, hitting $86.56, after Wolfe Research bumped its rating on the online broker to Outperform. The firm slapped a $125 price target on Robinhood, pointing to what it called an opportunity to “take advantage of the recent selloff” among crypto-exposed stocks.