Maxim analyst Matthew Galinko lowered the firm’s price target on Nakamoto (NAKA) to 75c from $1.50 and keeps a Buy rating on the shares. The firm has lowered its 2026-2027 revenue estimates for a lack of guidance and limited visibility into the performance of the acquired businesses during a bearish cycle for Bitcoin, also forecasting the 12-month price of BTC to be $100,000 vs. prior estimate of $150,000, the analyst tells investors in a research note.
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