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

Morgan Stanley initiated coverage on shares of Gemini Space Station (NASDAQ:GEMI) in a report released on Tuesday morning, Marketbeat.com reports. The brokerage issued an equal weight rating and a $29.00 price target on the stock.

GEMI has been the subject of a number of other reports. Citigroup started coverage on shares of Gemini Space Station in a research note on Tuesday. They set a “neutral” rating and a $26.00 price objective for the company. Needham & Company LLC started 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. Cantor Fitzgerald assumed coverage on shares of Gemini Space Station in a research note on Tuesday. They set an “overweight” rating and a $37.00 price objective for the company. Rosenblatt Securities assumed coverage on shares of Gemini Space Station in a research report on Tuesday. They issued a “buy” rating and a $30.00 price target for the company. Finally, Wall Street Zen raised shares of Gemini Space Station to a “hold” rating in a research report on Wednesday, September 24th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $31.64.

Gemini Space Station Price Performance

GEMI stock opened at $24.27 on Tuesday. Gemini Space Station has a one year low of $22.25 and a one year high of $45.89.

Gemini Space Station Company Profile

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.