PANews|Aug 15, 2026 00:46
[Mizuho Securities Lowers BitGo Target Price from $14 to $11 but Maintains 'Outperform' Rating]
According to The Block, Mizuho Securities has lowered BitGo's target stock price from $14 to $11 but has maintained its 'Outperform' rating. Mizuho Securities believes that while competitors await the establishment of U.S. market rules under the Clarity Act, this delay could provide BitGo with an advantage. BitGo is already the first federally chartered digital asset trust bank owned by a publicly listed company, so its regulatory status does not depend on the passage of the new act.
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