Galaxy Digital up after Rosenblatt starts coverage with 'buy'
ReutersJun 24, 2025 5:09 PM
Shares of digital assets and data center infrastructure firm Galaxy Digital GLXY.O rise 5.5% to $19.48
Rosenblatt initiates GLXY coverage with a "buy" rating and $25 PT
Rosenblatt expects GLXY's exclusively institutional-focused digital assets business to thrive in the new political environment
With regulatory clarity imminent and broadening acceptance of crypto as a new asset class, GLXY's full service approach and broad product set should grow rapidly in this new paradigm - Rosenblatt
Believe GLXY's unique industry knowledge, key relationships, and first-mover advantage should help accelerate its growth trajectory even as competition increases - brokerage
GLXY, listed on the Toronto Stock Exchange since 2020, made its Nasdaq debut in May
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Will Bank of England Still Cut Rates in 2026? Falling Inflation Favors Loose Monetary Policy, Pound Exchange Rate May Struggle to Sustain Strength.
TradingKey - The outlook for the British Pound in 2026 is undoubtedly one of the most significant focal points for investors in the FX market. Following a structural shift in 2025 characterized by a "low start and high finish," GBP/USD successfully broke out of its two-year trading range and stabilized near 1.35 at year-end, laying the foundation for its performance in 2026.TradingKey
15 hours ago
What Is the Best Nuclear Energy Investment in 2026? Which Should You Buy in, OKLO or Nuclear Energy ETFs?
TradingKey - Demand for electricity is surging, and data centers designed for artificial intelligence are a big reason. Governments are also demanding cleaner, dependable power. This coupling has brought about a revival in nuclear power, with capacity expected to increase in the coming decades. To iTradingKey
23 hours ago
Stock Market Crash 2026: What Fed Signals and Economic Data Mean for Investors
TradingKey - The possibility of a stock market crash occurring in 2026 is becoming increasingly likely as investor sentiment continues to decline.TradingKey
Thu, Feb 19
New Fed Chair Warsh Takes Office: Major Shift in Monetary Policy? US Dollar Short-Term Rebound, 2026 Investment Strategy Analysis
TradingKey - At the start of 2026, global financial markets witnessed a major leadership change as U.S. President Trump officially nominated Kevin Warsh as the next Federal Reserve Chair. Pending Senate confirmation, he will succeed Jerome Powell this May to lead the world’s most influential central bank.TradingKey
Thu, Feb 19
