BTGO (NYSE:BTGO) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of BTGO (NYSE:BTGO) in a research report report published on Tuesday, Marketbeat reports. The brokerage issued a buy rating and a $17.00 price target on the stock.

BTGO has been the subject of a number of other reports. Wall Street Zen upgraded BTGO to a “hold” rating in a research note on Saturday, January 31st. Wedbush assumed coverage on BTGO in a report on Tuesday. They issued an “outperform” rating and a $15.00 price target on the stock. Rosenblatt Securities assumed coverage on BTGO in a research report on Tuesday. They set a “buy” rating and a $17.00 price objective for the company. The Goldman Sachs Group began coverage on BTGO in a research note on Tuesday. They set a “neutral” rating and a $11.50 price objective for the company. Finally, Cantor Fitzgerald began coverage on BTGO in a research note on Tuesday. They issued an “overweight” rating and a $18.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, BTGO presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.05.

BTGO Trading Down 3.4%

NYSE BTGO opened at $10.39 on Tuesday. BTGO has a one year low of $9.52 and a one year high of $24.50.

Insiders Place Their Bets

In other BTGO news, COO Jody Mettler sold 25,000 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 transaction of $418,500.00. Following the completion of the transaction, the chief operating officer owned 25,000 shares in the company, valued at approximately $418,500. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CRO Chen Fang sold 250,000 shares of the stock in a transaction 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 completion of the transaction, the executive directly owned 1,233,491 shares of the company’s stock, valued at approximately $20,648,639.34. The trade was a 16.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 436,007 shares of company stock valued at $7,298,757.

Key Stories Impacting 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.

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.