BTGO (NYSE:BTGO) Raised to Strong-Buy at Clear Str

BTGO (NYSE:BTGO) was upgraded by investment analysts at Clear Str to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms have also issued reports on BTGO. The Goldman Sachs Group initiated coverage on BTGO in a report on Tuesday. They issued a “neutral” rating and a $11.50 target price for the company. Wedbush began coverage on BTGO in a research report on Tuesday. They set an “outperform” rating and a $15.00 price target on the stock. Craig Hallum assumed coverage on BTGO in a research note on Tuesday. They issued a “buy” rating and a $18.00 price objective for the company. Deutsche Bank Aktiengesellschaft initiated coverage on BTGO in a research note on Tuesday. They set a “buy” rating and a $17.00 target price on the stock. Finally, Compass Point began coverage on shares of BTGO in a research report on Tuesday. They issued a “buy” rating and a $17.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, BTGO currently has an average rating of “Buy” and a consensus price target of $16.05.

BTGO Stock Down 6.9%

BTGO stock opened at $10.12 on Tuesday. BTGO has a 52-week low of $9.52 and a 52-week high of $24.50.

Insider Buying and Selling at BTGO

In other BTGO news, CRO Chen Fang sold 250,000 shares of the business’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 $4,185,000.00. Following the completion of the sale, the executive owned 1,233,491 shares of the company’s stock, valued at $20,648,639.34. The trade was a 16.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeff Peter Horowitz sold 116,007 shares of BTGO stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total transaction of $1,941,957.18. Following the completion of the transaction, the insider directly owned 311,118 shares in the company, valued at approximately $5,208,115.32. This represents a 27.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 436,007 shares of company stock worth $7,298,757 in the last 90 days.

More BTGO News

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: Several major firms initiated coverage with bullish ratings and high targets (Citigroup: Buy, $18 target) — Citi’s note is a material positive for investor demand. Citigroup Initiates Coverage on BTGO
• Positive Sentiment: Deutsche Bank initiated with a Buy and a $17 price target, adding institutional credibility to the bullish narrative. Deutsche Bank Initiates Coverage on BTGO
• Positive Sentiment: Mizuho initiated coverage as Outperform ($17 PT) and was reported separately by The Globe and Mail, reinforcing favorable views on BitGo’s custody/revenue model. Mizuho Initiates Buy
• Positive Sentiment: Multiple boutique and sell-side shops (Craig Hallum, Rosenblatt, Canaccord, Wedbush, Cantor Fitzgerald, Clear Street) launched coverage with Buy/Outperform ratings and $15–$18 targets, signaling broad analyst support and potential demand from institutional investors. Craig Hallum Begins Coverage Blockonomi roundup
• Neutral Sentiment: Goldman Sachs began coverage with a Neutral/Hold and an $11.50 target — a less bullish stance that could limit buying enthusiasm near the low-teens. Goldman Sachs Begins Coverage
• Neutral Sentiment: Zacks and other outlets report a Hold/upgrade to Neutral from some shops; mixed coverage means short-term volatility as investors weigh consensus. Zacks coverage note
• Negative Sentiment: Analysts’ notes sit against a steep YTD decline (roughly 41% down year-to-date) and a low recent trading range — valuation skepticism remains and could cap upside until fundamentals reaccelerate. Yahoo Finance commentary

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.