Citi Updates Crypto Stock Targets Before 2026

Citi Publishes Target Price Updates in the Crypto Market

Wall Street bank Citigroup maintains a positive outlook on the future of key stocks related to cryptocurrencies in their analyses ahead of 2026. Analysts express that despite the recent token volatility, they remain optimistic about stocks associated with digital assets.

Favorite Stocks and Target Prices

The team led by Citigroup analyst Peter Christiansen has been closely following Circle Financial's (CRCL) stock. Citi maintains its target price of $243 for the stock, predicting that it could increase by more than 170% over the next 12 months.

Other favorite stocks for Citi include Bullish (BLSH) and Coinbase (COIN). While Citi has reduced the target price for Bullish from $77 to $67, it still indicates a potential increase of 50% compared to the current levels. The target price set for Coinbase is $505, which suggests an expected increase of over 100%.

Other Key Developments

Analysts also made a negative update by lowering the target price for Strategy (MSTR) from $485 to $325. Nevertheless, the new target price still indicates a 100% increase compared to the current levels.

For Riot Platforms (RIOT), Citi continues to maintain a positive view despite lowering the target from $28 to $23. On the other hand, the target price for Gemini (GEMI) has been reduced from $16 to $13, and the stock has been given a neutral rating due to increasing competitive challenges.

All this information does not constitute investment advice. You should conduct your own research before making any investment.