Bullish (NYSE:BLSH) Coverage Initiated at Sanford C. Bernstein

Key Points

• Sanford C. Bernstein has initiated coverage on Bullish (NYSE:BLSH) with a "market perform" rating and a price target of $60.00, indicating a potential upside of 13.57% from the company's previous close.
• Other analysts, including Rosenblatt Securities and Canaccord Genuity, have also rated Bullish with targets ranging from $56.00 to $68.00, reflecting a generally positive outlook among investment firms.
• The stock opened at $52.83, with a 52-week high of $118.00 and a market capitalization of $7.72 billion.

Equities researchers at Sanford C. Bernstein initiated coverage on shares of Bullish (NYSE:BLSH - Get Free Report) in a report issued on Monday,Briefing.com Automated Import reports. The firm set a "market perform" rating and a $60.00 price target on the stock. Sanford C. Bernstein's price objective points to a potential upside of 13.57% from the company's previous close.

BLSH has been the subject of several other research reports. Rosenblatt Securities began coverage on Bullish in a research note on Monday. They issued a "buy" rating and a $60.00 target price for the company. Canaccord Genuity Group assumed coverage on Bullish in a report on Monday. They set a "buy" rating and a $68.00 price target for the company. Deutsche Bank Aktiengesellschaft assumed coverage on Bullish in a research report on Monday. They set a "hold" rating and a $51.00 price objective on the stock. Cantor Fitzgerald initiated coverage on Bullish in a research note on Monday. They issued an "overweight" rating and a $56.00 price objective on the stock. Finally, Jefferies Financial Group initiated coverage on Bullish in a research report on Monday. They issued a "hold" rating and a $49.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Bullish presently has a consensus rating of "Hold" and an average price target of $56.11.

Bullish Trading Up 0.9%

Shares of Bullish stock opened at $52.83 on Monday. Bullish has a 52-week low of $47.88 and a 52-week high of $118.00. The stock has a market capitalization of $7.72 billion and a P/E ratio of -1,044.98.

Bullish Company Profile

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.