Gemini ***** e Station (NASDAQ: GEMI) stock is selling off in Monday's trading. The company's share price was down 9.1% as of 11:30 a.m. ET and had been off as much as 13.8% earlier in the session.
Gemini stock is losing ground today in response to a slew of downward price target revisions from ***** ysts. As of this writing, the company's share price has fallen roughly 64.5% year to date.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Investment firms weighed in with new coverage on Gemini ***** e Station stock today, and each newly published note delivered a downward price target revision. Rosenblatt lowered its price target from $9 per share to $6 per share, Mizuho lowered its target from $8 per share to $7 per share, Needham lowered its target from $8 per share to $6 per share, and Goldman Sachs lowered its target from $4 per share to $3.50 per share.
Rosenblatt, Mizuho, and Needham each reiterated the equivalent of a buy rating on the stock, but each firm issued a significant downward adjustment for its valuation forecast. Meanwhile, Goldman maintained its sell rating on Gemini.
#lowered
Gemini stock is losing ground today in response to a slew of downward price target revisions from ***** ysts. As of this writing, the company's share price has fallen roughly 64.5% year to date.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Investment firms weighed in with new coverage on Gemini ***** e Station stock today, and each newly published note delivered a downward price target revision. Rosenblatt lowered its price target from $9 per share to $6 per share, Mizuho lowered its target from $8 per share to $7 per share, Needham lowered its target from $8 per share to $6 per share, and Goldman Sachs lowered its target from $4 per share to $3.50 per share.
Rosenblatt, Mizuho, and Needham each reiterated the equivalent of a buy rating on the stock, but each firm issued a significant downward adjustment for its valuation forecast. Meanwhile, Goldman maintained its sell rating on Gemini.
#lowered
2 days ago
