Bullish Stock Sees Analyst Cut, Institutional Buying

On January 27, JPMorgan analyst Kenneth Worthington lowered Bullish's (NYSE:BLSH) price target to $42 from $45 while maintaining a Neutral rating after updating December metrics ahead of earnings. Cathie Wood's Ark Invest added roughly $6.0 million of BLSH shares, signaling institutional interest. Founded in 2020, Bullish operates a regulated crypto exchange with licenses in Germany, Hong Kong, Gibraltar and New York State.