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Bernstein Sticks to Its Hold Rating for Bullish (BLSH)

Tipranks - Tipranks - Wed Feb 11, 10:10AM CST

In a report released yesterday, Gautam Chhugani from Bernstein maintained a Hold rating on Bullish, with a price target of $50.00.

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Chhugani covers the Financial sector, focusing on stocks such as Coinbase Global, Robinhood, and IREN. According to TipRanks, Chhugani has an average return of 32.6% and a 44.23% success rate on recommended stocks.

In addition to Bernstein, Bullish also received a Hold from J.P. Morgan’s Ken Worthington in a report issued on February 6. However, on the same day, Rosenblatt Securities reiterated a Buy rating on Bullish (NYSE: BLSH).

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Based on Bullish’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $64.35 billion and a GAAP net loss of $546.6 million. In comparison, last year the company earned a revenue of $66.04 billion and had a net profit of $157.03 million

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