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Noble Financial Remains a Buy on Bit Digital (BTBT)
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Noble Financial Remains a Buy on Bit Digital (BTBT)

In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Bit Digital (BTBTResearch Report), with a price target of $4.50. The company’s shares closed yesterday at $2.38.

According to TipRanks, Gomes is a 4-star analyst with an average return of 6.8% and a 45.51% success rate. Gomes covers the Industrials sector, focusing on stocks such as CoreCivic, Orion Group Holdings, and V2X.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bit Digital with a $5.25 average price target.

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BTBT market cap is currently $213.4M and has a P/E ratio of -2.40.

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Bit Digital (BTBT) Company Description:

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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