Bullish price target raised to $62 from $60 at Rosenblatt

Rosenblatt analyst Chris Brendler raised the firm’s price target on Bullish (BLSH) to $62 from $60 and keeps a Buy rating on the shares. The firm views the company’s first quarterly earnings report as a “significant catalyst” for the stock with a key regulatory approval in New York and initial guidance. Bullish’s upside in stablecoins is bringins sales upside and the company “appears to be just getting started on this rapidly-unfolding opportunity,” the analyst tells investors in a research note.