Galaxy Digital (OTCMKTS:BRPHF) Price Target Lowered to C$8.00 at BTIG Research

Galaxy Digital (OTCMKTS:BRPHF – Get Rating) had its price target reduced by BTIG Research from C$10.00 to C$8.00 in a research note released on Tuesday, The Fly reports.

BRPHF has been the topic of several other reports. Rosenblatt Securities began coverage on Galaxy Digital in a research report on Thursday, December 22nd. They set a buy rating on the stock. Benchmark started coverage on Galaxy Digital in a research note on Monday, September 12th. They set a buy rating for the company.

Galaxy Digital Trading Up 9.3 %

Shares of BRPHF stock opened at $3.77 on Tuesday. Galaxy Digital has a 1 year low of $2.43 and a 1 year high of $22.06. The business’s fifty day moving average is $3.12 and its 200-day moving average is $4.38.

About Galaxy Digital

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Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot, derivate, and financing liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies and other digital assets; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies.