Citi Upgrades Galaxy Digital to Buy, Raises GLXY Price Target to $28

Citi has upgraded Galaxy Digital (GLXY) from Neutral to Buy, raising its price target from $26 to $28. The new target indicates a 7.69% rise and indicates around 40.9% upside from the previous closing price of $19.87. The bank noted better data center economics and higher confidence in Galaxy Digital’s AI infrastructure strategy. Ad Ad