{
  "id": 18021195,
  "title": "Freedom Broker initiates Bullish stock with Hold rating on Equiniti deal valuation",
  "url": "https://urgent.news/2026/11/03/freedom-broker-initiates-bullish-stock-with-hold-rating-on-equiniti",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T21:16:49.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/freedom-broker-initiates-bullish-stock-with-hold-rating-on-equiniti-deal-valuation-93CH-4996442"
  },
  "original_language": "en",
  "account": null,
  "summary": "Freedom Broker has initiated coverage on Bullish (NYSE:BLSH) with a Hold rating and a price target of $25.00, valuing the stock at approximately 19 times estimated EBITDA. The stock's current price of $22.96 is down 22% over the past week, but it is trading in oversold territory according to RSI data. Analysts note that Bullish is expected to close its acquisition of Equiniti for $4.2 billion in January 2027, with the stock trading at a roughly one times premium to its peer comparison set. Bullish reported strong financial results for the second quarter, with adjusted revenue increasing 62% year-over-year and adjusted EBITDA rising 264%. However, some analysts, like Keefe, Bruyette & Woods, have lowered their price targets citing concerns over the pending Equiniti transaction.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}