Options Bulls Capitalize on Robinhood Stock's Highs
Robinhood Markets Inc (NASDAQ:HOOD) stock earlier surged to nearly two-year highs, up 13% to trade at $13.38 at last check, after the trading platform's surprise fourth-quarter profit beat, better-than-expected revenue, and strong 2024 forecast. No fewer than three analysts chimed in with price-target hikes in response. There's plenty of room for upgrades, should analysts continue in their optimism. Of the 14 brokerages in coverage, 11 carry a "hold" or worse rating. Options bulls are blasting HOOD. So far, ...