BTGO (NYSE:BTGO) Stock Rating Upgraded by Clear Str

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

Several other equities research analysts have also recently commented on BTGO. Canaccord Genuity Group began coverage on BTGO in a research report on Tuesday. They set a “buy” rating and a $15.00 price objective on the stock. Craig Hallum initiated coverage on BTGO in a research note on Tuesday. They issued a “buy” rating and a $18.00 price target for the company. Wall Street Zen raised BTGO to a “hold” rating in a research note on Saturday, January 31st. Cantor Fitzgerald began coverage on BTGO in a report on Tuesday. They issued an “overweight” rating and a $18.00 target price on the stock. Finally, Wedbush began coverage on BTGO in a research report on Tuesday. They set an “outperform” rating and a $15.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $16.05.

BTGO Trading Up 1.9%

NYSE BTGO opened at $10.45 on Tuesday. BTGO has a 1 year low of $9.52 and a 1 year high of $24.50.

Insider Transactions at BTGO

In related news, CFO Edward Reginelli sold 45,000 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $753,300.00. Following the completion of the transaction, the chief financial officer owned 539,000 shares of the company’s stock, valued at $9,022,860. The trade was a 7.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CRO Chen Fang sold 250,000 shares of the stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $16.74, for a total value of $4,185,000.00. Following the sale, the executive directly owned 1,233,491 shares in the company, valued at $20,648,639.34. This trade represents a 16.85% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 436,007 shares of company stock valued at $7,298,757.

Trending Headlines about BTGO

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.