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Bullish earnings selloff a buying opportunity, says Clear Street

Clear Street recommends buying the post-earnings selloff in shares of Bullish (BLSH). The shares sold off on weaker crypto prices and the Q4 revenue guidance, the analyst tells investors in a research note. However, Clear views the results as “mis-characterized,” saying Bullish’s fundamentals have improved on market share gains in spot trading and continued blockchain adoption. It keeps a Buy rating on the shares with a $57 price target

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