Needham Reiterates Buy on Hut 8, Maintains $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro has reiterated a Buy rating on Hut 8 (NASDAQ:HUT) and maintained a price target of $13.
May 17, 2024 | 10:32 am
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Needham analyst John Todaro has reiterated a Buy rating on Hut 8 and maintained a price target of $13.
The reiteration of a Buy rating and the maintenance of a $13 price target by a reputable analyst is likely to positively impact investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100