Gemini Space Station (NASDAQ:GEMI) Coverage Initiated by Analysts at Barclays

Key Points

• Barclays has initiated coverage on Gemini Space Station (NASDAQ:GEMI) with an "equal weight" rating and a price target of $41.00, indicating a potential upside of 62.12% from its current stock price.
• Several other brokerages have also started coverage this week, with ratings ranging from "buy" to "neutral" and target prices between $26.00 and $42.00.
• Currently, Gemini Space Station holds an average rating of "Moderate Buy" based on four buy ratings and three hold ratings, with a consensus price target of $33.57.

Research analysts at Barclays initiated coverage on shares of Gemini Space Station (NASDAQ:GEMI - Get Free Report) in a research report issued to clients and investors on Tuesday,Briefing.com Automated Import reports. The firm set an "equal weight" rating and a $41.00 price target on the stock. Barclays's price objective suggests a potential upside of 62.12% from the stock's current price.

Several other brokerages have also recently issued reports on GEMI. Citigroup began coverage on shares of Gemini Space Station in a report on Tuesday. They issued a "neutral" rating and a $26.00 target price on the stock. Needham & Company LLC initiated coverage on shares of Gemini Space Station in a research note on Tuesday. They set a "buy" rating and a $42.00 price objective for the company. Wall Street Zen raised shares of Gemini Space Station to a "hold" rating in a research note on Wednesday, September 24th. Cantor Fitzgerald started coverage on Gemini Space Station in a report on Tuesday. They set an "overweight" rating and a $37.00 target price on the stock. Finally, Rosenblatt Securities started coverage on Gemini Space Station in a research report on Tuesday. They set a "buy" rating and a $30.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Gemini Space Station currently has an average rating of "Moderate Buy" and a consensus price target of $33.57.

Gemini Space Station Stock Performance

Gemini Space Station stock opened at $25.29 on Tuesday. Gemini Space Station has a twelve month low of $22.25 and a twelve month high of $45.89.

About Gemini Space Station

Our mission is to unlock the next era of financial, creative, and personal freedom. Gemini envisions a future where crypto will redesign the global financial system, the internet, and money in a way that provides greater choice, independence, and opportunity for all. As a trusted bridge between the traditional financial system and the emerging cryptoeconomy, we are providing access for individuals and institutions to a decentralized future that is more open, fair, and secure.

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