Bernstein Initiates SharpLink Coverage With Outperform Rating for Ethereum Treasury
Yahoo Finance·2025-10-30 15:51
Analysts at investment firm Bernstein initiated coverage of SharpLink Gaming with an “outperform” rating on Thursday, saying the Ethereum treasury firm’s shares could nearly double as the Federal Reserve lowers borrowing costs. Bernstein analysts issued a price target of $24 per share for SharpLink, representing an 80% increase from current prices. The firm’s shares recently changed hands around $13.08, after peaking at $124.12 earlier this year, according to Yahoo Finance. “We expect SBET to emerge as a co ...