Clear Street upgraded Bullish (BLSH) to Buy from Hold with a price target of $57, down from $60. The company has has taken market share in spot trading globally amid its expansion in options, the U.S. market and liquidity services, the analyst tells investors in a research note. The firm sees the stock’s valuation as attractive at current levels. Clear Street sees the shares moving higher on Bullish’s earnings growth, improved sentiment, and regulatory clarity.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BLSH:
- Ripple President Says ‘No Plan, No Timeline’ for an IPO. But What Could It Mean for XRP’s Price?
- CRSP, BEAM, ROKU, SOFI: Cathie Wood Pours $17 Million into Biotech Stocks, Trims Tech Favorites
- Bullish selects GenieAI as portfolio, risk analytics provider
- Cathie Wood Steps Up Bet on Bullish Stock (BLSH), Trims Stake in Palantir (PLTR) amid Strong Q3 Earnings
- Why Is Cathie Wood Buying Bullish Stock (BLSH)?