HC Wainwright & Co. Reiterates Sell on Hut 8, Maintains $7.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Mike Colonnese has reiterated a Sell rating on Hut 8 (NASDAQ:HUT) and maintained a price target of $7.5.
June 25, 2024 | 10:27 am
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NEGATIVE IMPACT
HC Wainwright & Co. analyst Mike Colonnese has reiterated a Sell rating on Hut 8 and maintained a price target of $7.5.
The reiteration of a Sell rating and a maintained price target of $7.5 by a reputable analyst can negatively impact investor sentiment and potentially lead to a short-term decline in Hut 8's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100