BTCS price target raised to $5 from $3 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on BTCS (BTCS) to $5 from $3 and keeps a Buy rating on the shares, citing the “strong revenue growth” associated with the company’s Ethereum (ETH) block building effort, Builder+. BTCS generated 541 ETH through the first six weeks of the December quarter, versus 217 ETH during the entire September quarter, the firm notes, citing commentary in the September 10-Q issued November 13.