Galaxy Digital price target raised to $24 from $21 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Galaxy Digital (GLXY) to $24 from $21 and keeps a Neutral rating on the shares. While reported results came in stronger, the quarterly beat was driven mostly by lower losses in the non-operating Treasury and corporate segment, partially offset by softer operating performance in the higher multiple Digital assets and Data centers segments, the analyst tells investors in a research note.