Bakkt Reboots With Fresh Strategy; Initiate at Buy with $13 Price Target: Benchmark

Bakkt's strategic pivot catches Wall Street's attention—Benchmark slaps a Buy rating with a bullish $13 target.
Revamped Vision
The crypto custody platform ditches its old playbook, betting big on institutional adoption and regulatory compliance. No more vague promises—just clear numbers and measurable targets.
Market Momentum
Benchmark's endorsement signals growing confidence in crypto infrastructure plays. That $13 price target isn't just optimistic—it's a statement.
Because nothing says 'trust us' like a reboot and a fresh coat of Wall Street paint.