StoneX Upgrades Securitize Price Target to $18

StoneX Financial reiterated a Buy rating and raised its price target for Securitize to $18, implying 111% upside from the $8.53 closing price. Analyst Mark Palmer cited third-quarter revenue of $18.6 million and record tokenized assets of $5 billion, projecting total revenue to reach $167.9 million by 2028 as the platform expands stock tokenization and acquires River One.