Canaccord Genuity Maintains Buy on Hut 8, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi maintains a Buy rating on Hut 8 (NASDAQ:HUT) and raises the price target from $14 to $22.
June 27, 2024 | 12:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Canaccord Genuity analyst Joseph Vafi maintains a Buy rating on Hut 8 and raises the price target from $14 to $22.
The raised price target from $14 to $22 by a reputable analyst suggests a positive outlook for Hut 8, likely leading to increased investor confidence and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100