Why Is Galaxy Digital Stock Surging Thursday?
Galaxy Digital (GLXY) jumped 11%+ after Morgan Stanley raised its price target to $48. Crypto market tailwinds & lending boost shares.
A big investment bank said Galaxy Digital's stock could be worth more money, so lots of people bought it today. When smart money people get more hopeful about a company, it's worth watching to see if the company actually does better.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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