H.C. Wainwright raised the firm’s price target on Hive Digital (HIVE) to $10 from $8 and keeps a Buy rating on the shares. The company reported “solid” fiscal Q3 results and its “compelling near-term growth prospects remain underappreciated,” the analyst tells investors in a research note. The firm says Hive remains one of the most undervalued miners in the sector despite the company’s compelling near-term growth prospects and upside potential from artificial intelligence.
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