Gemini Space Station (NASDAQ:GEMI) Now Covered by Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods has initiated coverage on Gemini Space Station (NASDAQ:GEMI) with a "market perform" rating and a price target of $27.00, indicating an upside potential of 8.09% from the recent close.
• Multiple analysts have also rated GEMI, with targets ranging from $26.00 to $42.00, contributing to an average rating of "Moderate Buy" and a consensus price target of $31.64.
• As of the latest trading session, GEMI stock is priced at $24.98 with a 52-week range between $22.25 and $45.89.

Keefe, Bruyette & Woods assumed coverage on shares of Gemini Space Station (NASDAQ:GEMI - Get Free Report) in a report issued on Tuesday,Briefing.com Automated Import reports. The brokerage set a "market perform" rating and a $27.00 price target on the stock. Keefe, Bruyette & Woods' price target would indicate a potential upside of 8.09% from the stock's previous close.

GEMI has been the subject of several other research reports. Cantor Fitzgerald assumed coverage on Gemini Space Station in a research note on Tuesday. They set an "overweight" rating and a $37.00 target price for the company. Needham & Company LLC initiated coverage on Gemini Space Station in a report on Tuesday. They set a "buy" rating and a $42.00 price target for the company. Evercore ISI initiated coverage on Gemini Space Station in a report on Tuesday. They set an "outperform" rating and a $30.00 price target for the company. Barclays initiated coverage on Gemini Space Station in a report on Tuesday. They set an "equal weight" rating and a $41.00 price target for the company. Finally, Citigroup initiated coverage on Gemini Space Station in a report on Tuesday. They set a "neutral" rating and a $26.00 price target for the company. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $31.64.

Gemini Space Station Stock Performance

GEMI stock traded down $0.31 during trading on Tuesday, hitting $24.98. 760,421 shares of the company's stock were exchanged, compared to its average volume of 5,211,170. Gemini Space Station has a 52-week low of $22.25 and a 52-week 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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