


Wall Street bank Citigroup believes that despite the pullback in the crypto market, some crypto stocks will continue to show growth through 2026. Citi analysts, led by Peter Christiansen, maintain their positive outlook on digital asset stocks in their latest report.
One of Citi's favorite companies, Circle Financial, also known as CRCL, maintains its price target of $243 despite the recent stock decline. This target reflects the expectation for the stock to rise over 170% in the next 12 months.
Citi analysts are also highlighting Bullish (BLSH) and Coinbase (COIN) stocks alongside Circle. BLSH is viewed to be in a strong position in the sector, benefiting from increasing institutional and traditional financial participation. However, despite the target price for Bullish being lowered from $77 to $67, this still indicates nearly a 50% increase compared to current levels.
Analysts forecast a price target of $505 for Coinbase, predicting that the stock will grow by over 100% in the future.
Citi has also reduced the price target for Strategy (MSTR) stock from $485 to $325. This update indicates a potential 100% increase from the stock's current levels.
Riot Platforms (RIOT) maintains a positive outlook as well. Although its target price has been lowered from $28 to $23, the bank remains optimistic about this stock. Meanwhile, the target price for Gemini (GEMI) user has been reduced from $16 to $13 due to increasing competitive challenges.
The information provided here does not constitute investment advice.
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