Galaxy Digital initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage of Galaxy Digital (BRPHF) with an Overweight rating and C$44 price target Galaxy Digital, whose business consists of Galaxy Asset Management, Galaxy Global Markets, and Galaxy Digital Infrastructure Solutions, is a financial services and investment management company solely focused on the digital asset ecosystem, the analyst tells investors in a research note. The firm believes Galaxy is a way to play the increased adoption of digital assets, and thinks Galaxy will benefit not only from digital assets increasing in value and importance, but also to be a driver behind that trend. Cantor currently expects this crypto bull market to last until mid-2026 before pulling back entering 2027.