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Analysts Offer Insights on Financial Companies: Bit Digital (BTBT) and Alerus Financial (ALRS)

Analysts have been eager to weigh in on the Financial sector with new ratings on Bit Digital (BTBTResearch Report) and Alerus Financial (ALRSResearch Report).

Bit Digital (BTBT)

Noble Financial analyst Joe Gomes maintained a Buy rating on Bit Digital today and set a price target of $4.50. The company’s shares closed last Wednesday at $2.37.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 6.0% and a 43.8% success rate. Gomes covers the Industrial Goods sector, focusing on stocks such as Great Lakes Dredge & Dock, Orion Group Holdings, and Kratos Defense.

Bit Digital has an analyst consensus of Strong Buy, with a price target consensus of $5.17.

See today’s best-performing stocks on TipRanks >>

Alerus Financial (ALRS)

D.A. Davidson analyst Jeff Rulis maintained a Hold rating on Alerus Financial today. The company’s shares closed last Wednesday at $19.73.

According to TipRanks.com, Rulis is a 4-star analyst with an average return of 10.6% and a 65.6% success rate. Rulis covers the Financial sector, focusing on stocks such as Enterprise Financial Services, First Financial Northwest, and First Business Financial.

The word on The Street in general, suggests a Hold analyst consensus rating for Alerus Financial with a $22.25 average price target, representing a 9.3% upside. In a report released yesterday, KBW also maintained a Hold rating on the stock with a $22.00 price target.

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