[Investment Bank StoneX Reaffirms Buy Rating for Galaxy Digital (GLXY) and Maintains $57 Price Target] According to The Block, investment bank StoneX has reaffirmed its "Buy" rating for Galaxy Digital (GLXY) and maintained its $57 price target. The institution believes that Galaxy's current valuation undervalues its AI data center business and has effectively excluded its digital asset business from valuation considerations. Market concerns are primarily focused on the rising borrowing costs of CoreWeave and the $35.6 billion in outstanding debt as of the end of June.