HC Wainwright & Co. Reiterates Buy on Bit Digital, Maintains $4 Price Target
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Kevin Dede has reiterated a 'Buy' rating on Bit Digital (NASDAQ:BTBT) and maintained a $4 price target.
August 17, 2023 | 10:27 am
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POSITIVE IMPACT
Bit Digital's stock may see positive movement as HC Wainwright & Co. maintains a 'Buy' rating and a $4 price target.
Analyst ratings often influence the short-term price movement of stocks. A 'Buy' rating suggests that the analyst believes the stock will perform well in the future. The maintenance of the $4 price target also indicates the analyst's confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100