Clear Street analyst Brian Dobson lowered the firm’s price target on Bakkt (BKKT) to $39 from $42 and keeps a Buy rating on the shares following the Q3 report. The firm reduced EBITDA estimates but sees the company’s business simplification setting the stage for growth in 2026.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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 BKKT: