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SharpLink Gaming price target lowered to $20 from $48 at Alliance Global

Alliance Global lowered the firm’s price target on SharpLink Gaming (SBET) to $20 from $48 and keeps a Buy rating on the shares. SharpLink now holds 864,402 Ethereum (ETH-USD) worth about $2.9B and has about 210M shares outstanding, notes the analyst, who also points out that the price of ETH is down about 30% since the firm’s last report, driving its lowered price target

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