Craig-Hallum Maintains Buy on Hut 8, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst George Sutton maintains a Buy rating on Hut 8 (NASDAQ:HUT) and raises the price target from $12 to $14.
June 14, 2024 | 1:32 pm
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Craig-Hallum analyst George Sutton maintains a Buy rating on Hut 8 and raises the price target from $12 to $14, indicating positive sentiment and potential upside.
The raised price target from $12 to $14 by a reputable analyst suggests increased confidence in Hut 8's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100