Exodus Movement (NYSEAMERICAN:EXOD) Now Covered by Benchmark

Research analysts at Benchmark initiated coverage on shares of Exodus Movement (NYSEAMERICAN:EXOD) in a note issued to investors on Wednesday,Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $38.00 price target on the stock. Benchmark’s price target points to a potential upside of 55.10% from the company’s previous close.

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

Exodus Movement Stock Performance

EXOD opened at $24.50 on Wednesday. The company’s 50 day simple moving average is $45.33. Exodus Movement has a 52-week low of $6.25 and a 52-week high of $117.40.

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.