Silvergate Capital Corp. (SI) PT Raised to $135 at Craig-Hallum

February 4, 2021 8:40 AM EST
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Price: $95.81 -2.13%

Rating Summary:
    11 Buy, 13 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 10 | Down: 10 | New: 50
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Craig-Hallum analyst George Sutton raised the price target on Silvergate Capital Corp. (NYSE: SI) to $135.00 (from $80.00) while maintaining a Buy rating.

Sutton highlights Crypto is coming to Venmo, MicroStrategy (MSTR) had a Bitcoin pitch to 1.4K public companies on why corporations should develop and implement their own Bitcoin strategy, Visa (V)announced that it is piloting a series of APIs that will enable banks to offer Bitcoin-related services.

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