Bullish Shares Jump as Citi, Canaccord Praise IPO Debut and BitLicense Win
Yahoo Finance·2025-09-18 22:18
Wall Street bank Citi (C) has raised its price target on Bullish (BLSH), the owner of CoinDesk, to 66 after the crypto exchange’s second quarter results came in slightly ahead of expectations. The long-anticipated NYDFS BitLicense approval removes a key regulatory overhang, strengthening investor confidence heading into FY 2026, Citi said. But the biggest surprise, according to the bank, was Bullish’s accelerating Subscription, Services and Other (SS&O) growth pipeline, an inflection it attribu ...