Rosenblatt initiated coverage of Webull (BULL) with a Buy rating and $19 price target The company has capitalized on the growth of retail trading and is quickly growing from a niche market data platform to the number two mobile-first brokerage in the U.S., the analyst tells investors in a research note. The firm says Webull’s “top-rated” app and integrated desktop platform have become go-to solutions in the U.S. and increasingly overseas. It believes the company can sustain 25% sales growth through 2027 and “significantly exceed” current consensus estimates.
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