BTGO (NYSE:BTGO) Upgraded at Clear Str

Clear Str upgraded shares of BTGO (NYSE:BTGOFree Report) to a strong-buy rating in a report published on Tuesday morning,Zacks.com reports.

BTGO has been the subject of several other reports. Craig Hallum started coverage on shares of BTGO in a report on Tuesday. They set a “buy” rating and a $18.00 target price for the company. Canaccord Genuity Group began coverage on shares of BTGO in a research note on Tuesday. They set a “buy” rating and a $15.00 price objective for the company. Compass Point initiated coverage on BTGO in a research report on Tuesday. They set a “buy” rating and a $17.00 price objective for the company. Deutsche Bank Aktiengesellschaft initiated coverage on BTGO in a research note on Tuesday. They issued a “buy” rating and a $17.00 target price on the stock. Finally, Wall Street Zen upgraded BTGO to a “hold” rating in a report on Saturday, January 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $16.05.

Read Our Latest Stock Analysis on BTGO

BTGO Stock Up 2.6%

BTGO opened at $10.53 on Tuesday. BTGO has a one year low of $9.52 and a one year high of $24.50.

Insider Transactions at BTGO

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

Trending Headlines about BTGO

Here are the key news stories impacting BTGO this week:

  • Positive Sentiment: Multiple brokerages initiated coverage with constructive ratings and mid‑teens price targets (Mizuho Outperform $17, Canaccord Buy $15, Clear Street Buy $18), highlighting BitGo’s institutional custody scale and recurring revenue — this broker interest is driving buying. BitGo (BTGO) Stock: Mizuho, Canaccord and Clear Street Initiate With Buy Ratings
  • Positive Sentiment: Zacks/Clear Street moved to a “strong‑buy” view in a note cited by Zacks, adding to the positive analyst momentum. Zacks: Clear Str Llc Upgrade
  • Neutral Sentiment: Major firms (Deutsche Bank, Citigroup, Goldman Sachs, Wedbush, Rosenblatt, Craig Hallum, Compass Point and others) have initiated coverage — increasing analyst attention and liquidity but with mixed stances and no uniform consensus yet. Deutsche Bank Initiates Coverage
  • Neutral Sentiment: Coverage expansion from large banks raises visibility and could sustain volume, but impacts will depend on each firm’s rating and price target. Coverage Initiation Examples
  • Negative Sentiment: Countering the optimism, analysis notes BTGO has fallen ~41.2% YTD and still trades well below its 1‑year high, raising valuation and execution risk concerns; some investors may view current rallies as short‑covering. Is Bitgo Holdings (BTGO) Pricing Reflect Its 41.2% YTD Share Price Decline

About BTGO

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for BTGO (NYSE:BTGO)

Receive News & Ratings for BTGO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BTGO and related companies with MarketBeat.com's FREE daily email newsletter.