Benchmark Reiterates Buy on Hut 8, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Palmer has reiterated a Buy rating on Hut 8 (NASDAQ:HUT) and maintained a $12 price target.
May 16, 2024 | 1:41 pm
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Benchmark analyst Mark Palmer has reiterated a Buy rating on Hut 8 and maintained a $12 price target.
The reiteration of a Buy rating and the maintenance of a $12 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100