Needham Maintains Buy on Hut 8, Raises Price Target to $16.5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro maintains a Buy rating on Hut 8 and raises the price target from $15 to $16.5.
September 24, 2024 | 10:28 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Needham analyst John Todaro has reaffirmed a Buy rating for Hut 8 and increased the price target from $15 to $16.5, indicating positive sentiment and potential upside for the stock.
The increase in price target from $15 to $16.5 by Needham suggests a positive outlook for Hut 8, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100