HC Wainwright & Co. Maintains Neutral on Hut 8 Mining, Raises Price Target to $2.75
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Mike Colonnese has maintained a Neutral rating on Hut 8 Mining (NASDAQ:HUT) and raised the price target from $1.6 to $2.75.
August 15, 2023 | 10:18 am
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NEUTRAL IMPACT
Hut 8 Mining's price target has been raised from $1.6 to $2.75 by HC Wainwright & Co. The rating remains Neutral.
The news of the price target increase for Hut 8 Mining by HC Wainwright & Co. is directly relevant to the company and its stock. However, the Neutral rating suggests that the analyst does not expect significant price movement in the short term. Therefore, the short term impact score is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100