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Rosenblatt Securities Reaffirms Buy Rating for Hut 8 (NASDAQ:HUT)
['Latisha Jones']
Daily Political
Hut 8 (NASDAQ:HUT – Get Free Report)‘s stock had its “buy” rating restated by equities researchers at Rosenblatt Securities in a note issued to investors on Wednesday,Benzinga reports.
Rosenblatt Securities’ target price would suggest a potential upside of 22.58% from the company’s current price.
Eighteen investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock.
According to MarketBeat.com, Hut 8 presently has a consensus rating of “Moderate Buy” and an average price target of $138.50.
Following the completion of the transaction, the director directly owned 17,491 shares of the company’s stock, valued at approximately $1,924,010.