Needham Maintains Buy on Hut 8, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro maintains a Buy rating on Hut 8 (NASDAQ:HUT) and raises the price target from $13 to $15.
June 24, 2024 | 12:09 pm
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Needham analyst John Todaro has maintained a Buy rating on Hut 8 and increased the price target from $13 to $15, indicating confidence in the company's future performance.
The raised price target from $13 to $15 by a reputable analyst suggests a positive outlook for Hut 8's future performance. This is likely to boost investor confidence and drive the stock price up in the short term.
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IMPORTANCE 80
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