BTGO (NYSE:BTGO) Research Coverage Started at Deutsche Bank Aktiengesellschaft

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

Several other research firms have also issued reports on BTGO. Mizuho initiated coverage on shares of BTGO in a report on Tuesday. They issued an “outperform” rating and a $17.00 target price for the company. Canaccord Genuity Group assumed coverage on shares of BTGO in a research report on Tuesday. They issued a “buy” rating and a $15.00 price objective on the stock. Craig Hallum began coverage on shares of BTGO in a research note on Tuesday. They issued a “buy” rating and a $18.00 price objective for the company. Rosenblatt Securities started coverage on BTGO in a research note on Tuesday. They set a “buy” rating and a $17.00 target price on the stock. Finally, Wedbush started coverage on BTGO in a report on Tuesday. They issued an “outperform” rating and a $15.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $16.05.

BTGO Price Performance

Shares of BTGO opened at $10.53 on Tuesday. BTGO has a 52-week low of $9.52 and a 52-week high of $24.50.

Insider Activity at BTGO

In related news, CFO Edward Reginelli sold 45,000 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $753,300.00. Following the transaction, the chief financial officer owned 539,000 shares of the company’s stock, valued at $9,022,860. This represents a 7.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jody Mettler sold 25,000 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $16.74, for a total value of $418,500.00. Following the transaction, the chief operating officer owned 25,000 shares in the company, valued at $418,500. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 436,007 shares of company stock valued at $7,298,757.

Key BTGO News

Here are the key news stories impacting BTGO this week:

• Positive Sentiment: Multiple brokerages initiated coverage with constructive ratings and mid‑teens price targets (Mizuho Outperform $17, Canaccord Buy $15, Clear Street Buy $18), highlighting BitGo’s institutional custody scale and recurring revenue — this broker interest is driving buying. BitGo (BTGO) Stock: Mizuho, Canaccord and Clear Street Initiate With Buy Ratings
• Positive Sentiment: Zacks/Clear Street moved to a “strong‑buy” view in a note cited by Zacks, adding to the positive analyst momentum. Zacks: Clear Str Llc Upgrade
• Neutral Sentiment: Major firms (Deutsche Bank, Citigroup, Goldman Sachs, Wedbush, Rosenblatt, Craig Hallum, Compass Point and others) have initiated coverage — increasing analyst attention and liquidity but with mixed stances and no uniform consensus yet. Deutsche Bank Initiates Coverage
• Neutral Sentiment: Coverage expansion from large banks raises visibility and could sustain volume, but impacts will depend on each firm’s rating and price target. Coverage Initiation Examples
• Negative Sentiment: Countering the optimism, analysis notes BTGO has fallen ~41.2% YTD and still trades well below its 1‑year high, raising valuation and execution risk concerns; some investors may view current rallies as short‑covering. Is Bitgo Holdings (BTGO) Pricing Reflect Its 41.2% YTD Share Price Decline

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.