There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Bit Digital (BTBT – Research Report) and Galaxy Digital Holdings (BRPHF – Research Report) with bullish sentiments.
Bit Digital (BTBT)
Noble Financial analyst Joe Gomes maintained a Buy rating on Bit Digital today and set a price target of $4.50. The company’s shares closed last Wednesday at $2.42.
According to TipRanks.com, Gomes is a 4-star analyst with an average return of
Bit Digital has an analyst consensus of Strong Buy, with a price target consensus of $5.17, which is a 107.6% upside from current levels. In a report issued on March 20, H.C. Wainwright also reiterated a Buy rating on the stock with a $5.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Galaxy Digital Holdings (BRPHF)
Stifel Nicolaus analyst Bill Papanastasiou maintained a Buy rating on Galaxy Digital Holdings today and set a price target of C$20.00. The company’s shares closed last Wednesday at $10.64, close to its 52-week high of $11.24.
According to TipRanks.com, Papanastasiou is a 4-star analyst with an average return of
Galaxy Digital Holdings has an analyst consensus of Strong Buy, with a price target consensus of $13.82, which is a 39.6% upside from current levels. In a report issued on March 26, Canaccord Genuity also maintained a Buy rating on the stock with a C$17.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on BTBT:
- Bit Digital, Inc. Announces Monthly Production Update for March 2024
- Crypto names slide in pre-market as bitcoin falls to $65,000
- Bit Digital receives offer from for Bit Digital AI to expand agreement
- Bit Digital Reports Strong Growth and Sustainability Focus
- Bit Digital, Inc. Announces Fiscal Year 2023 Financial Results
