Citi sees 41% upside for Galaxy Digital as tokenized assets draw interest

The bank lifted its Bitcoin and Ether targets and sees Galaxy capturing the upside, though its stock rating stays Neutral Citi thinks Galaxy Digital is well placed to benefit from the latest crypto rebound. The bank points to two tailwinds: recovering prices and a regulatory picture that has become a bit less foggy. On September 30, 2026, Citi raised its 12-month Bitcoin price target to $113,000. Its previous target was $82,000. Ether got the same treatment. Citi now sees ETH reaching $3,028, up from an earlier target of $2,240. The revisions follow a strong run.