Gemini Space Station (NASDAQ:GEMI) Rating Lowered to “Sell” at Wall Street Zen

Gemini Space Station (NASDAQ:GEMI) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday.

Several other research analysts also recently weighed in on the stock. Truist Financial assumed coverage on shares of Gemini Space Station in a research note on Tuesday, October 7th. They issued a “buy” rating and a $31.00 target price for the company. Rosenblatt Securities assumed coverage on shares of Gemini Space Station in a research report on Tuesday, October 7th. They issued a “buy” rating and a $30.00 price target on the stock. The Goldman Sachs Group assumed coverage on shares of Gemini Space Station in a research report on Tuesday, October 7th. They issued a “neutral” rating and a $25.00 price objective on the stock. Morgan Stanley began coverage on shares of Gemini Space Station in a research report on Tuesday, October 7th. They issued an “equal weight” rating and a $29.00 price objective on the stock. Finally, Citigroup started coverage on shares of Gemini Space Station in a research note on Tuesday, October 7th. They set a “neutral” rating and a $26.00 target price on the stock. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $31.64.

Gemini Space Station Stock Performance

Gemini Space Station stock opened at $23.30 on Friday. Gemini Space Station has a 52-week low of $22.25 and a 52-week 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.