BTGO (NYSE:BTGO) Research Coverage Started at Citigroup

Citigroup initiated coverage on shares of BTGO (NYSE:BTGO) in a research note issued to investors on Tuesday morning, Marketbeat reports. The brokerage issued a buy rating and a $18.00 target price on the stock.

Several other research firms also recently weighed in on BTGO. Craig Hallum started coverage on BTGO in a report on Tuesday. They issued a “buy” rating and a $18.00 target price for the company. Compass Point initiated coverage on BTGO in a research report on Tuesday. They set a “buy” rating and a $17.00 price target on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on BTGO in a research note on Tuesday. They issued a “buy” rating and a $17.00 price objective for the company. Cantor Fitzgerald assumed coverage on shares of BTGO in a research report on Tuesday. They set an “overweight” rating and a $18.00 target price on the stock. Finally, Rosenblatt Securities started coverage on shares of BTGO in a report on Tuesday. They issued a “buy” rating and a $17.00 target price on the stock. One 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $16.05.

BTGO Price Performance

Shares of BTGO opened at $10.53 on Tuesday. BTGO has a 1-year low of $9.52 and a 1-year high of $24.50.

Insider Activity

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

BTGO News Summary

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

About BTGO

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.