Needham Maintains Buy on Hut 8, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro maintains a Buy rating on Hut 8 (NASDAQ:HUT) and raises the price target from $12 to $13.
May 16, 2024 | 12:14 pm
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Needham analyst John Todaro has maintained a Buy rating on Hut 8 and increased the price target from $12 to $13.
The Buy rating and increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100