Galaxy Digital price target lowered to $35 from $36 at Rosenblatt

Rosenblatt lowered the firm’s price target on Galaxy Digital (GLXY) to $35 from $36 and keeps a Buy rating on the shares. The firm says that while the company reported weaker than expected Q2 results, its remains bullish on the shares. clear progress and encouraging trends. Although the company’s trading volumes and blockchain activity fell sharply last quarter, they are off to a record start in Q3, the analyst tells investors in a research note.