HC Wainwright & Co. Reiterates Buy on Canaan, Maintains $3 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on Canaan (NASDAQ:CAN) and maintained a $3 price target.
August 16, 2024 | 10:21 am
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HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on Canaan (NASDAQ:CAN) and maintained a $3 price target.
The reiteration of a Buy rating and the maintenance of a $3 price target by a reputable analyst can positively influence investor sentiment and potentially drive short-term price appreciation for Canaan.
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