HC Wainwright & Co. Reiterates Buy on Canaan, Maintains $4 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Kevin Dede reiterated a Buy rating on Canaan (NASDAQ:CAN) and maintained a $4 price target.
May 30, 2023 | 10:10 am
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HC Wainwright & Co. analyst Kevin Dede reiterated a Buy rating on Canaan and maintained a $4 price target.
The reiteration of a Buy rating and maintenance of a $4 price target by HC Wainwright & Co. analyst Kevin Dede indicates a positive outlook for Canaan's stock in the short term. This news is highly relevant and important for investors in Canaan, as it reflects the analyst's confidence in the company's potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100