Cantor Fitzgerald initiates Securitize with Overweight rating, $21.2 price target

BlockBeats news, September 24 - Wall Street investment bank Cantor Fitzgerald initiated coverage on digital asset securitization company Securitize with an overweight rating and a price target of $21.2. Yesterday, Securitize's stock price rose 12% to a record high of $14.57.

Cantor Fitzgerald described tokenization as the largest reform of financial infrastructure in the past century. The firm said that given its view on the industry, the stock looks attractive at current levels.