<div id="readability-page-1"><p><span>Gemini Space Station (NASDAQ:GEMI - Get Free Report)</span> had its target price reduced by investment analysts at Morgan Stanley  from $29.00 to $13.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an &#34;equal weight&#34; rating on the stock. Morgan Stanley's price objective would indicate a potential upside of 9.70% from the stock's current price.</p><div><p><span></span><span>Get <strong>Gemini Space Station</strong> alerts:</span></p></div><p>Several other brokerages have also recently issued reports on GEMI. Keefe, Bruyette &amp; Woods began coverage on shares of Gemini Space Station in a research note on Tuesday, October 7th. They issued a &#34;market perform&#34; rating and a $27.00 price objective on the stock. Needham &amp; Company LLC reduced their price target on Gemini Space Station from $42.00 to $35.00 and set a &#34;buy&#34; rating for the company in a report on Tuesday, November 11th. Barclays began coverage on shares of Gemini Space Station in a report on Tuesday, October 7th. They issued an &#34;equal weight&#34; rating and a $41.00 price objective for the company. Rosenblatt Securities began coverage on Gemini Space Station in a report on Tuesday, October 7th. They set a &#34;buy&#34; rating and a $30.00 price target on the stock. Finally, Weiss Ratings  reaffirmed a &#34;sell (d)&#34; rating on shares of Gemini Space Station in a research report on Wednesday. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one  has assigned  a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of &#34;Hold&#34; and an average target price of $23.91.</p><p><b>Read Our Latest Stock Analysis on GEMI</b></p><h2>Gemini Space Station Stock Performance</h2><p>Shares of Gemini Space Station stock traded up $0.43 during trading hours on Monday, reaching $11.85. The company's stock had a trading volume of 786,450 shares, compared to its average volume of 2,976,089. Gemini Space Station has a one year low of $9.67 and a one year high of $45.89. The business's 50 day moving average price is $14.79. </p><p>Gemini Space Station (NASDAQ:GEMI - Get Free Report) last issued its quarterly earnings data on Monday, November 10th. The company reported ($1.81) EPS for the quarter, missing analysts' consensus estimates of ($0.82) by ($0.99). The company had revenue of $50.62 million during the quarter, compared to analysts' expectations of $45.87 million. </p><h2>Institutional Trading of Gemini Space Station</h2><p>Several hedge funds and other institutional investors have recently bought and sold shares of GEMI. North Reef Capital Management LP acquired a new position in  Gemini Space Station in the 3rd quarter valued at approximately $5,878,000.  Dragoneer Investment Group LLC acquired a new stake in shares of  Gemini Space Station during the third quarter worth $38,815,000.  Altimeter Capital Management LP bought a new position in  Gemini Space Station during the third quarter worth $38,336,000.  Atreides Management LP acquired a new position in  Gemini Space Station in the third quarter valued at $1,677,000.  Finally, Ghisallo Capital Management LLC bought a new position in shares of  Gemini Space Station in the 3rd quarter worth about $1,677,000. </p><h2>About Gemini Space Station</h2> (Get Free Report)<p>Our mission is to unlock the next era of financial, creative, and personal freedom. Gemini envisions a future where crypto will redesign the global financial system, the internet, and money in a way that provides greater choice, independence, and opportunity for all. As a trusted bridge between the traditional financial system and the emerging cryptoeconomy, we are providing access for individuals and institutions to a decentralized future that is more open, fair, and secure. Gemini was founded in 2014 to be the most trusted, secure, and easy way to buy, sell, and store crypto assets.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Gemini Space Station</li><li>The Fed Pivot Signal Smart Money’s Been Waiting For</li><li>This AI–Quantum Company Expects to Hit $274M in Revenue for 2025</li><li>Do not delete, read immediately</li><li>Terrifying reason Trump killed the U.S. penny?</li><li>“$6.6 Trillion Of Customer Bank Deposits At Risk”</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0VNSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0VNSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Gemini Space Station Right Now?</h2><p>Before you consider Gemini Space Station, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gemini Space Station wasn't on the list.</p><p>While Gemini Space Station currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GEMI

<p>Morgan Stanley has lowered its target price for Gemini Space Station (NASDAQ:GEMI) from $29.00 to $13.00, maintaining an "equal weight" rating. This suggests a potential upside of 9.70% from the current stock price of $11.85. Other analysts have varied ratings, with a consensus "Hold" and an average target price of $23.91. The stock has a 52-week range of $9.67 to $45.89.</p>

Gemini Space Station (NASDAQ:GEMI) Given New $13.00 Price Target at Morgan Stanley