Canaccord Genuity Reiterates Hold on Argo Blockchain, Maintains $1.45 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi has reiterated a 'Hold' rating on Argo Blockchain (NASDAQ: ARBK) and maintained a price target of $1.45.
November 16, 2023 | 9:46 am
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Canaccord Genuity maintains a 'Hold' rating on Argo Blockchain with a price target of $1.45, indicating no significant change in the analyst's outlook.
The reiteration of the 'Hold' rating and maintenance of the price target suggests that Canaccord Genuity's view on Argo Blockchain has not changed. This is likely to have a neutral short-term impact on the stock as it does not alter the investment thesis.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100