Needham Reiterates Buy on Hut 8, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro has reiterated a Buy rating on Hut 8 (NASDAQ:HUT) and maintained a $15 price target.
August 23, 2024 | 11:06 am
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Needham analyst John Todaro has reiterated a Buy rating on Hut 8, maintaining a $15 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $15 price target by a reputable analyst suggests a positive outlook for Hut 8. This could lead to increased investor confidence and potential upward movement in the stock price.
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