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Clear Street Gives Bakkt Buy Rating and Sets $14 Target Price
Summary: Brokerage firm Clear Street has announced its first buy rating on Bakkt (BKKT) and set a target price of $14, indicating a 44% upside potential for Bakkt after experiencing a significant drop in stock price this year. The company's business currently relies on two main pillars: institutional crypto services and the digital transfer and remittance ...
Brokerage firm Clear Street has announced its first buy rating on Bakkt (BKKT) and set a target price of $14, indicating a 44% upside potential for Bakkt after experiencing a significant drop in stock price this year. The company's business currently relies on two main pillars: institutional crypto services and the digital transfer and remittance (DTR) platform building stablecoin payment infrastructure. (CoinDesk)
