Hut 8 price target raised to $26 from $20 at H.C. Wainwright
The Fly

Hut 8 price target raised to $26 from $20 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Hut 8 (HUT) to $26 from $20 and keeps a Buy rating on the shares. The company’s fleet upgrade will drive a 66% increase in deployed hash rate by Q1 of 2025, the analyst tells investors in a research note.

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