HC Wainwright & Co. Maintains Buy on Bitdeer Technologies, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Mike Colonnese maintains a Buy rating on Bitdeer Technologies (NASDAQ:BTDR) but lowers the price target from $20 to $17.
August 13, 2024 | 11:01 am
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NEUTRAL IMPACT
HC Wainwright & Co. maintains a Buy rating on Bitdeer Technologies but lowers the price target from $20 to $17.
The Buy rating suggests continued confidence in Bitdeer Technologies, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100