Canaccord analyst Joseph Vafi raised the firm’s price target on Galaxy Digital (GLXY) to $50 from $34 and keeps a Buy rating on the shares. The firm said its Q3 results underscore their belief that Galaxy remains a solid diversified 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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GLXY:
- Galaxy Digital Reports Robust Q3 2025 Earnings
- Midday Fly By: GM, Coca-Cola report Q3 beats
- Crypto Currents: Coinbase acquires Echo as whales move to ETFs
- Strong Financial Performance and Growth Potential Drive Buy Rating for Galaxy Digital
- Galaxy Digital Reports Strong Q3 2025 Results and Strategic Developments