Analysts at Keefe, Bruyette & Woods initiated coverage on shares of Exodus Movement (NYSEAMERICAN:EXOD - Get Free Report) in a report released on Friday, MarketBeat reports. The brokerage set an "outperform" rating and a $65.00 price target on the stock. Keefe, Bruyette & Woods' price target indicates a potential upside of 61.93% from the stock's previous close.
Several other brokerages also recently weighed in on EXOD. BTIG Research initiated coverage on Exodus Movement in a research note on Wednesday, March 12th. They set a "buy" rating and a $40.00 target price on the stock. Compass Point initiated coverage on shares of Exodus Movement in a report on Wednesday, February 12th. They issued a "buy" rating and a $70.00 target price for the company. Benchmark raised their price target on shares of Exodus Movement from $38.00 to $58.00 and gave the stock a "buy" rating in a report on Wednesday, April 2nd. Finally, HC Wainwright reissued a "buy" rating and issued a $50.00 target price on shares of Exodus Movement in a research report on Wednesday, February 5th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Exodus Movement presently has a consensus rating of "Buy" and a consensus target price of $56.60.
Check Out Our Latest Research Report on EXOD
Exodus Movement Stock Up 1.7 %
NYSEAMERICAN:EXOD traded up $0.66 during mid-day trading on Friday, reaching $40.14. The company's stock had a trading volume of 9,438 shares, compared to its average volume of 73,617. Exodus Movement has a twelve month low of $12.00 and a twelve month high of $117.40. The company's fifty day simple moving average is $40.95 and its two-hundred day simple moving average is $34.60.
Institutional Investors Weigh In On Exodus Movement
An institutional investor recently bought a new position in Exodus Movement stock. CWM LLC acquired a new position in Exodus Movement, Inc. (NYSEAMERICAN:EXOD - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,445 shares of the company's stock, valued at approximately $158,000. CWM LLC owned about 0.05% of Exodus Movement as of its most recent SEC filing.
About Exodus Movement
(
Get Free Report)
Exodus Movement, Inc develops blockchain asset investors platform to secure, exchange and manage wealth inside one application. The company was founded by Daniel Castagnoli and Jon Paul Richardson in 2015 and is headquartered in Omaha, NE.
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