Canaccord Genuity Reiterates Buy on Hut 8 Mining, Maintains $3.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi has reiterated a Buy rating on Hut 8 Mining (NASDAQ:HUT) and maintained a price target of $3.5 for the company's stock.
November 15, 2023 | 10:53 am
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Canaccord Genuity analyst Joseph Vafi has reiterated a Buy rating on Hut 8 Mining and maintained a $3.5 price target, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a Canaccord Genuity analyst, along with the maintenance of a price target, suggests a positive sentiment towards Hut 8 Mining's stock. This could lead to increased investor confidence and potentially a positive short term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100