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Gemini initiated with an Outperform at Evercore ISI

Evercore ISI analyst Adam Frisch initiated coverage of Gemini (GEMI) with an Outperform rating and $30 price target While the company is smaller than its public peers, it is well positioned for the secular growth in digital assets, the analyst tells investors in a research note. The firm sees Gemini regaining market share through a renewed focus on user acquisition.

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