From Investing.com: 2024-05-19 03:54:28

BofA Securities double upgraded Robinhood to Buy with a $24 price target, citing rising retail engagement and accelerating organic growth. The research team revised EPS and EBITDA valuations, raising the price target based on improved operating efficiency and product offerings. Regulators may take action against Robinhood’s crypto practices.Robinhood opened the regular session at $17.90 and closed at $17.93, a gain of 0.17% from the prior day regular close. Wolfe Research upgraded Intel to Peer Perform due to concerns about server CPU sales and capital expenditures, despite a 38% decline YTD. Wolfe expects modest improvement in Intel’s Gross Margin in CY25. Intel opened the regular session at $31.61 and closed at $32.04, a gain of 2.46% from the prior day close.



Read more at Investing.com: Upgrades for Intel and Robinhood; downgrade for SunPower By Investing.com