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TD Cowen cuts David Bailey’s Nakamoto target 58% after bitcoin outlook reset
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TD Cowen cuts David Bailey’s Nakamoto target 58% after bitcoin outlook reset
The firm maintained a Buy rating on Nakamoto, with the new target implying roughly 275% upside.Recent refinancing pushed $105 million of principal through June 2027 and lowered borrowing costs.
2026-07-28 Source:theblock.co
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