Exodus Movement (NYSEAMERICAN:EXOD) Given New $58.00 Price Target at Benchmark

Exodus Movement (NYSEAMERICAN:EXOD) had its price target hoisted by analysts at Benchmark from $38.00 to $58.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s price objective points to a potential upside of 24.09% from the company’s current price.

Other research analysts have also issued research reports about the company. Compass Point assumed coverage on Exodus Movement in a research report on Wednesday, February 12th. They issued a “buy” rating and a $70.00 price target for the company. HC Wainwright reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Exodus Movement in a research note on Wednesday, February 5th. Finally, BTIG Research assumed coverage on Exodus Movement in a research report on Wednesday, March 12th. They set a “buy” rating and a $40.00 target price on the stock.

Exodus Movement Stock Up 2.4 %

EXOD stock traded up $1.11 during trading on Wednesday, hitting $46.74. 6,859 shares of the company’s stock traded hands, compared to its average volume of 84,275. Exodus Movement has a 52 week low of $8.00 and a 52 week high of $117.40. The firm has a fifty day simple moving average of $46.45.

About Exodus Movement

Exodus Movement, Inc develops blockchain asset investors platform to secure, exchange and manage wealth inside one application. The company was founded by Daniel Castagnoli and Jon Paul Richardson in 2015 and is headquartered in Omaha, NE.