BTGO (NYSE:BTGO) Coverage Initiated by Analysts at Rosenblatt Securities

Rosenblatt Securities assumed coverage on shares of BTGO (NYSE:BTGO) in a research report released on Tuesday morning, Marketbeat reports. The brokerage issued a buy rating and a $17.00 price objective on the stock.

A number of other research firms have also weighed in on BTGO. Craig Hallum initiated coverage on BTGO in a research note on Tuesday. They set a “buy” rating and a $18.00 price objective for the company. Wall Street Zen upgraded BTGO to a “hold” rating in a research report on Saturday, January 31st. Finally, Wedbush started coverage on BTGO in a report on Tuesday. They issued an “outperform” rating and a $15.00 price target for the company. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $16.05.

BTGO Stock Down 3.4%

Shares of NYSE BTGO opened at $10.39 on Tuesday. BTGO has a 52 week low of $9.52 and a 52 week high of $24.50.

Insiders Place Their Bets

In related news, insider Jeff Peter Horowitz sold 116,007 shares of the company’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $1,941,957.18. Following the completion of the transaction, the insider owned 311,118 shares of the company’s stock, valued at approximately $5,208,115.32. This represents a 27.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Chen Fang sold 250,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $4,185,000.00. Following the transaction, the executive owned 1,233,491 shares in the company, valued at $20,648,639.34. This represents a 16.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 436,007 shares of company stock valued at $7,298,757 over the last quarter.

BTGO News Summary

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.

BTGO Company Profile

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.