Bullish (NYSE:BLSH) Stock Rating Upgraded by Zacks Research

Key Points

• Bullish (NYSE:BLSH) has been upgraded to a "hold" rating by Zacks Research, reflecting a shift in analyst sentiment towards the stock.
• Other analysts including Rosenblatt Securities and Canaccord Genuity Group have issued "buy" ratings with price targets of $60.00 and $68.00, respectively.
• The stock is currently trading at $52.50, with a 12-month price range of $47.88 to $118.00, and has a market capitalization of $7.67 billion.

Bullish (NYSE:BLSH - Get Free Report) was upgraded by research analysts at Zacks Research to a "hold" rating in a research note issued on Tuesday,Zacks.com reports.

A number of other equities research analysts also recently weighed in on BLSH. Rosenblatt Securities assumed coverage on Bullish in a research report on Monday. They set a "buy" rating and a $60.00 price target on the stock. Canaccord Genuity Group assumed coverage on Bullish in a research report on Monday. They set a "buy" rating and a $68.00 price target on the stock. JPMorgan Chase & Co. assumed coverage on Bullish in a research report on Monday. They set a "neutral" rating and a $50.00 price target on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on Bullish in a research report on Monday. They set a "hold" rating and a $51.00 price target on the stock. Finally, Cantor Fitzgerald initiated coverage on Bullish in a report on Monday. They issued an "overweight" rating and a $56.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $56.11.

Bullish Trading Down 2.4%

NYSE BLSH opened at $52.50 on Tuesday. Bullish has a twelve month low of $47.88 and a twelve month high of $118.00. The stock has a market cap of $7.67 billion and a price-to-earnings ratio of -1,038.45.

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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