Robinhood Gets 129% Target Hike As 'Animal Spirits Revive'

Blockhead11-25 22:29

Robinhood stock jumped early Monday after receiving an upgrade, poised to hit another multiyear high. Meanwhile, mobile brokerage platform is moving into the investment advisory space after announcing...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2486607033?lang=en_US&edition=fundamental","thumbnail":"https://www.investors.com/wp-content/uploads/2021/01/Stock-Robinhood-02-adobe-150x150.jpg","is_english":true,"pubTime":"2024-11-25 22:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2486607033","market":"hk","top_or_hot":-1,"title":"Robinhood Gets 129% Target Hike As 'Animal Spirits Revive'","media":"Blockhead","content":"<div>\n<p>Robinhood stock jumped early Monday after receiving an upgrade, poised to hit another multiyear high. Meanwhile, mobile brokerage platform is moving into the investment advisory space after announcing...</p>\n\n<a href=\"https://www.investors.com/news/robinhood-upgrade-hood-stock-election-growth-animal-spirits/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Gets 129% Target Hike As 'Animal Spirits Revive'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Gets 129% Target Hike As 'Animal Spirits Revive'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-25 22:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/robinhood-upgrade-hood-stock-election-growth-animal-spirits/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Robinhood stock jumped early Monday after receiving an upgrade, poised to hit another multiyear high. Meanwhile, mobile brokerage platform is moving into the investment advisory space after announcing...</p>\n\n<a href=\"https://www.investors.com/news/robinhood-upgrade-hood-stock-election-growth-animal-spirits/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1988902786.USD","symbol_name":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","start_time":0,"source_url":"https://www.investors.com/news/robinhood-upgrade-hood-stock-election-growth-animal-spirits/","article_id":"2486607033","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2021/01/Stock-Robinhood-02-adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486607033","pubTimestamp":1732544941,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Robinhood stock popped on an upgrade. Analyst sees more potential revenue growth in the wake of U.S. elections, business expansion.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","SCHW":"嘉信理财","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU1861217088.USD":"贝莱德金融科技A2","HOOD":"Robinhood","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU0106831901.USD":"贝莱德世界金融基金A2","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4588":"碎股","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","BK4547":"WSB热门概念","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4504":"桥水持仓","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4127":"投资银行业与经纪业","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD"},"translate_title":"随着“动物精神复苏”，Robinhood目标上调129%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SCHW":1,"HOOD":1},"content_text":"Robinhood stock jumped early Monday after receiving an upgrade, poised to hit another multiyear high. Meanwhile, mobile brokerage platform is moving into the investment advisory space after announcing plans to acquire TradePMR last week.\n\n\n\n↑\nX\n\n\n\n\nDonald Trump Wins 2024 Election: What It Means For Market Trends, Tesla Stock And Cryptocurrency Prices\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nDonald Trump Wins 2024 Election: What It Means For Market Trends, Tesla Stock And Cryptocurrency Prices\n\n\n\n\nMorgan Stanley on Monday upgraded Robinhood (HOOD) to overweight from equal weight and hiked its price target on the shares to 55 from 24, The Fly reported. Robinhood's revenue growth looks stronger in the wake of the U.S. elections in early November, boosted by sustained retail trading as support for cryptocurrency broadens. Meanwhile, acquisitions are opening up as \"animal spirits revive,\" Morgan Stanley wrote, referencing John Maynard Keynes' concept that human emotions and herd mentality affect consumer confidence and investing mentalities.\nRobinhood is \"clearly executing\" on plans to broaden offerings, aiming to capture more wallet share and expand its total addressable market, the firm wrote, noting the recently-announced TradePMR purchase. And although shares are already up 100% this year, Morgan Stanley sees \"more room to run,\" based on Robinhood's \"discounted valuation,\" which will likely continue into 2025.\nElsewhere, Robinhood last week announced it agreed to acquire custodial and portfolio management platform TradePMR. TradePMR serves about 400 Registered Investment Advisor (RIA) firms, with more than $40 billion in assets under management. With the acquisition, Robinhood is expanding to take aim at industry giant Charles Schwab (SCHW), which is the nation's largest RIA custodian.\n\"The needs of Robinhood customers are evolving, and they are seeking advice on how to build and manage their growing portfolios,\" the company said in a blog post. The TradePMR platform will connect \"financial advisors to a new generation of investors,\" Robinhood added.\nRobinhood estimates $84 trillion in wealth will transfer over the next two decades, which should benefit its core customers. The company noted about 75% of those customers are Gen Z and millennials. Those customers age in range from 12 to 43.\nThe estimated $300 million cash-and-stock deal is expected to close in the first half of 2025.\nRobinhood Stock Jumps Early\n\nHOOD stock jumped 7% early Monday, set to open at its highest level since November 2021.\nRobinhood shares have soared nearly 188% this year through Friday's close, and are trading well above their technical moving averages.\nCharles Schwab stock ticked higher Monday morning. SCHW stock is trading in a buy zone, above a 79.49 buy point.\nCharles Schwab stock has advanced 18% this year through Friday.\nYou can follow Harrison Miller for more stock news and updates on X/Twitter @IBD_Harrison\nYOU MAY ALSO LIKE:\nBest Growth Stocks To Buy And Watch: See Updates To IBD Stock Lists\nLooking For The Next Big Stock Market Winners? Start With These 3 Steps\nJoin IBD Live And Learn Top Chart Reading And Trading Techniques From Pros\nLearn How To Time The Market With IBD's ETF Market Strategy","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486607033"}