Mizuho Analysts See Institutional Tailwinds Lifting Bitgo Shares

Mizuho Securities is betting that Bitgo’s institutional-grade custody exemplary volition outweigh its bruising 50% post-IPO decline, initiating sum with an Outperform standing and a $17 terms target. ‘Military-Grade’ — Mizuho Backs Bitgo’s Infrastructure Play Despite Stock Slump In a Feb. 17 note, Mizuho analysts Dan Dolev and Alexander Jenkins launched sum of Bitgo Holdings Inc. […]