Bullish's stock surged 7.47% during intraday trading on Friday, reflecting strong investor buying activity.
The rally appears to be driven by positive analyst sentiment. Canaccord Genuity analyst Joseph Vafi maintained a Buy rating on Bullish and set a price target of $50.00, reinforcing confidence in the company's prospects.
Concurrently, Rosenblatt Securities maintained its Buy rating on the stock, although it reduced its price target to $39 from $52. The overall maintained bullish stance from analysts likely contributed to the positive market reaction.
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