Compass Point gives Bullish a "Neutral" rating with a target price of $45

ChainCatcher news, according to CoinDesk, Wall Street banks and research firm Compass Point rated the U.S. listed company Bullish (BLSH) as neutral, with a target price of $45.

Analyst Ed Engel stated that there may be better buying opportunities in the next 1-2 quarters. Bullish also holds a cryptocurrency reserve valued at $2.7 billion, most of which is Bitcoin, making the stock's performance closely related to BTC price fluctuations, thus presenting some volatility.