Noble Financial analyst Joe Gomes maintained a Buy rating on Bit Digital (BTBT – Research Report) today and set a price target of $4.50. The company’s shares closed yesterday at $3.27.
According to TipRanks, Gomes is a 4-star analyst with an average return of 2.8% and a 43.75% success rate. Gomes covers the Technology sector, focusing on stocks such as One Stop Systems, Kratos Defense, and V2X.
Bit Digital has an analyst consensus of Moderate Buy, with a price target consensus of $4.25, which is a 29.97% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $4.00 price target.
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BTBT market cap is currently $269.9M and has a P/E ratio of -2.76.
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Golden Bull Ltd. is an online finance marketplace lending company, which engages in the provision of short-term loans. Through its online marketplace, the company connects individual lenders with individual and small business borrowers. The company was founded by Er Xin Zeng in November 2015 and is headquartered in Shanghai, China.
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