Webull initiated with an Outperform at Northland

Northland analyst Mike Grondahl initiated coverage of Webull (BULL) with an Outperform rating and $18 price target The firm likes the commission-free trading platform’s “strong and growing” product suite offering stocks, ETFs, options, and cryptocurrencies and providing the retail community with the products, tools, and data that have historically only been available to professional investors, says the analyst, who contends that Webull “has become a go-to platform for younger, more sophisticated investors.”