Needham & Company LLC Begins Coverage on Gemini Space Station (NASDAQ:GEMI)

Equities research analysts at Needham & Company LLC assumed coverage on shares of Gemini Space Station (NASDAQ:GEMI) in a report released on Tuesday,Benzinga reports. The firm set a “buy” rating and a $42.00 price target on the stock. Needham & Company LLC’s target price indicates a potential upside of 66.07% from the stock’s previous close.

Several other analysts have also recently issued reports on the company. Wall Street Zen upgraded Gemini Space Station to a “hold” rating in a research note on Wednesday, September 24th. Citigroup assumed coverage on Gemini Space Station in a research note on Tuesday. They issued a “neutral” rating and a $26.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $34.00.

Gemini Space Station Stock Performance

Shares of NASDAQ GEMI opened at $25.29 on Tuesday. Gemini Space Station has a 12-month low of $22.25 and a 12-month high of $45.89.

About Gemini Space Station

Our mission is to unlock the next era of financial, creative, and personal freedom. Gemini envisions a future where crypto will redesign the global financial system, the internet, and money in a way that provides greater choice, independence, and opportunity for all. As a trusted bridge between the traditional financial system and the emerging cryptoeconomy, we are providing access for individuals and institutions to a decentralized future that is more open, fair, and secure.