BTGO (NYSE:BTGO) Now Covered by Wedbush

Wedbush began coverage on shares of BTGO (NYSE:BTGO) in a research note released on Tuesday morning, Marketbeat.com reports. The brokerage issued an outperform rating and a $15.00 target price on the stock.

Separately, Wall Street Zen raised BTGO to a “hold” rating in a research report on Saturday, January 31st. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $16.05.

BTGO Stock Down 3.4%

BTGO stock opened at $10.39 on Tuesday. BTGO has a twelve month low of $9.52 and a twelve month high of $24.50.

Insiders Place Their Bets

In other news, CFO Edward Reginelli sold 45,000 shares of the business’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $753,300.00. Following the completion of the transaction, the chief financial officer owned 539,000 shares in the company, valued at $9,022,860. The trade was a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CRO Chen Fang sold 250,000 shares of the company’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $4,185,000.00. Following the transaction, the executive directly owned 1,233,491 shares in the company, valued at approximately $20,648,639.34. The trade was a 16.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 436,007 shares of company stock valued at $7,298,757.

Trending Headlines about BTGO

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: Several large brokers initiated coverage with bullish ratings and sizable price targets (many in the $15–$18 range), signaling strong analyst conviction about upside potential—Citigroup: Buy, $18 target (~73% upside). Article
• Positive Sentiment: Cantor Fitzgerald and Craig Hallum both started coverage with Overweight/Buy and $18 targets (each ~73% upside), reinforcing the bullish cohort. Article
• Positive Sentiment: Deutsche Bank, Compass Point, Mizuho, and Rosenblatt initiated Buy ratings with $17 targets (~64% upside), pointing to conviction among mid‑to‑large brokers (no direct link available for all firms).
• Positive Sentiment: Canaccord and Wedbush started coverage with Buy/Outperform ratings and $15 targets (~44% upside), while Wells Fargo gave an Overweight with a $13 target (~25% upside). Article
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral rating and an $11.50 target (~11% upside), which tempers the otherwise bullish slate. Article
• Neutral Sentiment: Independent analyst commentary (TipRanks summary) highlights BitGo’s solid growth prospects but warns that crypto volatility and margin risks justify a Hold stance for some investors — a reminder of sector-specific risk. Article
• Negative Sentiment: Despite the bullish analyst starts, BTGO is trading down today on below-average volume (current intraday volume is lower than the stock’s recent average), suggesting profit‑taking, hesitation, or broader market/crypto weakness is outweighing the new buy signals.

About BTGO

BitGo Holdings Inc is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins and settlement services from regulated cold storage. BitGo Holdings Inc is based in NEW YORK.