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Goldman Says The Crypto Recovery Has Started – Just Not For These Two Stocks — TradingView News

Goldman Says The Crypto Recovery Has Started – Just Not For These Two Stocks — TradingView News

Goldman Sachs lowered its price targets on eToro (ETOR) and Galaxy Digital (GLXY) on Wednesday, even as it told clients that crypto revenues were turning higher for the first time in nearly a year.

The bank cut its target on eToro, the retail trading platform, to $29 from $34 and on Galaxy Digital to $24 from $28, according to TheFly, keeping ‘Neutral’ ratings on both. Both targets still sat above where the shares traded.

From Tuesday’s close of $26, Goldman’s sees an 11% upside for eToro’s stock, whereas at a $22 close, Galaxy’s upside to Goldman’s target stands at about 9%.

ETOR stock fell about 3% during midday trade. On Stocktwits, retail sentiment around ETOR moved to ‘bullish’ from the ‘extremely bullish’ zone, while…

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