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Clear Street gives Bakkt a buy rating and sets a target price of $14.
Odaily News Clear Street, a brokerage, announced its first buy rating for Bakkt (BKKT) with a target price of $14, which means that there is a 44% rise potential for Bakkt after a significant fall in stock price this year. The company's business currently relies mainly on two pillars: encryption services for institutions and its Digital Transfer and Remittance (DTR) platform for building stablecoin payment infrastructure. (CoinDesk)