Bullish (NYSE:BLSH) Earns Hold Rating from Analysts at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft has initiated coverage on Bullish (NYSE:BLSH) with a "hold" rating and a price target of $51.00, indicating a potential downside of 3.46% from the current price.
• Other analysts have varied opinions, with Canaccord Genuity issuing a "buy" rating and a price target of $68.00, while JPMorgan and Compass Point have set "neutral" ratings with targets of $50.00 and $45.00, respectively.
• Bullish has a market cap of $7.72 billion, with shares trading between a one-year low of $47.88 and a high of $118.00.

Investment analysts at Deutsche Bank Aktiengesellschaft 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 "hold" rating and a $51.00 price target on the stock. Deutsche Bank Aktiengesellschaft's price target indicates a potential downside of 3.46% from the company's current price.

A number of other research analysts also recently commented on BLSH. Canaccord Genuity Group started coverage on Bullish in a research note on Monday. They issued a "buy" rating and a $68.00 target price on the stock. Compass Point began coverage on shares of Bullish in a research note on Wednesday, September 3rd. They set a "neutral" rating and a $45.00 price target for the company. JPMorgan Chase & Co. began coverage on shares of Bullish in a research note on Monday. They set a "neutral" rating and a $50.00 price target for the company. Rosenblatt Securities started coverage on shares of Bullish in a research note on Monday. They issued a "buy" rating and a $60.00 target price for the company. Finally, Jefferies Financial Group assumed coverage on shares of Bullish in a research report on Monday. They issued a "hold" rating and a $49.00 price objective for the company. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Bullish presently has an average rating of "Hold" and an average price target of $56.11.

Bullish Price Performance

Shares of NYSE:BLSH opened at $52.83 on Monday. Bullish has a one year low of $47.88 and a one year high of $118.00. The firm has a market cap of $7.72 billion and a PE ratio of -1,044.98.

About Bullish

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.

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