Canaccord raised the firm’s price target on Galaxy Digital (GLXY) to $34 from $33 and keeps a Buy rating on the shares. The firm said Galaxy remains a solid portfolio play across two of the most exciting growth sectors out there, crypto-related financial services combined with what is evolving as one of the best data center portfolios out there, focused on AI hosting.
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Read More on GLXY:
- Galaxy Digital’s Strategic Expansion and Strong Financial Performance Support Buy Rating
- Moderately bullish activity in Galaxy Digital Inc. – Class A common stock with shares down 0.29%
- Galaxy Digital price target raised to $40 from $38 at Benchmark
- Crypto Currents: SEC eases staking rules as bitcoin miners pivot to AI
- Galaxy Digital price target lowered to $35 from $36 at Rosenblatt
