H.C. Wainwright raised the firm’s price target on Galaxy Digital (BRPHF) to C$39 from C$30 and keeps a Buy rating on the shares. The company’s near-term growth prospects and Nasdaq up-listing overshadow the “underwhelming” Q1 results, the analyst tells investors in a research note. The firm still believes Galaxy offers investors unique exposure to a leading institutional-focused crypto platform.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRPHF:
- Galaxy Digital Reports Q1 2025 Financial Results
- Galaxy Digital Holdings: Uplisting to Nasdaq and Positive Financial Outlook Drive Buy Rating
- Galaxy Digital Holdings: Strategic Reorganization and Nasdaq Listing Drive Positive Outlook Despite Temporary Q1 Profit Dip
- Galaxy Digital Reports Q1 2025 Loss Amid Strategic Reorganization and Expansion
- Galaxy Digital Holdings Announces Shareholder Approval for Reorganization and Nasdaq Listing