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.
March 28, 2024 | 4:48 pm
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NEUTRAL IMPACT
Canaccord Genuity maintains a Hold rating and a $1.45 price target on Argo Blockchain.
The reiteration of the Hold rating and maintenance of the price target by a reputable analyst suggests a neutral short-term impact on ARBK's stock price. The analyst's view likely reflects a balanced outlook on the company's prospects, neither significantly positive nor negative.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100