Clear Street initiated coverage of Amber International Holding (AMBR) with a Buy rating and $11 price target The company offers investors scalable, fee-based exposure to institutional digital asset adoption anchored by high-margin wealth management, execution, and payment solutions, the analyst tells investors in a research note. Clear Street also believes that at 3.8-times enterprise value to expected 2027 revenue, the stock is “attractively valued”.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMBR:
- Amber International Appoints Lin Ma as New Director
- Amber International Completes $25.5M Private Placement to Boost Crypto Reserve
- Amber International Advances Crypto Strategy with $25.5 Million Investment
- Amber International Announces Board Changes with New Director Appointment
- Amber International Secures $25.5 Million for Crypto Expansion