Rosenblatt Securities Begins Coverage on Bullish (NYSE:BLSH)

Key Points

• Rosenblatt Securities has initiated coverage of Bullish (NYSE:BLSH) with a "buy" rating and a target price of $60.00, indicating a potential upside of 14.5% from its current price.
• The company currently holds an average rating of "Hold" from analysts, with a consensus price target of $54.40.
• Bullish stock experienced a 6.9% increase, opening at $52.40, and has a market capitalization of $7.66 billion.

Research analysts at Rosenblatt Securities started coverage on shares of Bullish (NYSE:BLSH - Get Free Report) in a research report issued to clients and investors on Monday,Benzinga reports. The firm set a "buy" rating and a $60.00 price target on the stock. Rosenblatt Securities' target price points to a potential upside of 14.50% from the stock's current price.

Several other research firms also recently commented on BLSH. Wall Street Zen upgraded Bullish to a "hold" rating in a report on Saturday, August 30th. Compass Point assumed coverage on Bullish in a report on Wednesday, September 3rd. They issued a "neutral" rating and a $45.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $54.40.

Bullish Stock Up 6.9%

Bullish stock opened at $52.40 on Monday. The firm has a market capitalization of $7.66 billion and a price-to-earnings ratio of -1,036.47. Bullish has a twelve month low of $47.88 and a twelve month high of $118.00.

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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