HC Wainwright & Co. Reiterates Buy on Bit Digital, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on Bit Digital (NASDAQ:BTBT) and maintained a $5 price target.
May 17, 2024 | 10:27 am
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HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on Bit Digital and maintained a $5 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and the maintenance of a $5 price target by a reputable analyst can boost investor confidence in Bit Digital, potentially leading to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100