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Citigroup raised the target price for the Crypto Assets exchange Bullish to $70 and reiterated a buy rating.
Odaily News Due to better-than-expected performance in the second quarter, strong IPO momentum, and accelerated SS&O rise, Citigroup raised the target price for the crypto assets exchange Bullish to $70. Citigroup stated that the long-awaited approval of the New York Department of Financial Services (NYDFS) BitLicense has eliminated a key regulatory hurdle and strengthened investor confidence. Citigroup also reiterated its buy rating, stating that the company has highly attractive operating leverage. (CoinDesk)