BitGo initiated with an Outperform at Wedbush

Wedbush initiated coverage of BitGo (BTGO) with an Outperform rating and $15 price target BitGo provides stable infrastructure for digital asset solutions across wallets, trading, financing, settlement, and staking services, the analyst tells investors in a research note. The firm says the company provides a all-in-one platform that is regulatory compliant, “creating a competitive moat around BTGO’s digital asset infrastructure tools and platform.”