Bullish's stock surged 6.31% in pre-market trading on Friday, indicating strong investor interest ahead of the regular session.
The rally follows a positive analyst note from Canaccord Genuity, where analyst Joseph Vafi maintained a Buy rating on Bullish and set a price target of $50.00. This endorsement likely contributed to the buying momentum.
However, not all analysts are equally optimistic. Rosenblatt Securities recently cut its target price on Bullish to $39 from $52, suggesting some caution amid the positive sentiment.