Top Analysts Highlight 3 Strong Buy Stocks with Crypto Sector Implications
Wall Street's top analysts have identified three equities with Strong Buy ratings, including AvePoint (AVPT) and DraftKings (DKNG), which could indirectly influence crypto markets through their tech and digital engagement models. While no direct cryptocurrency mentions were found, these picks reflect growing institutional interest in digital-first businesses—a trend paralleled in blockchain adoption.
DBS analyst Sachin Mittal maintains a $21.50 target for AvePoint, citing 61% upside potential for the Microsoft 365 security provider. DraftKings, a digital sports betting platform, received a $52 price target from Needham amid near-unanimous analyst approval. Such growth stocks often serve as proxies for crypto-adjacent liquidity flows.