Sponsored ADR (NASDAQ:CAN – Get Free Report) have been given an average rating of “Moderate Buy” by the eight brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. Wall Street Zen raised Canaan to a “sell” rating in a report on Saturday, April 18th. Finally, BTIG Research restated a “buy” rating and issued a $3.00 price objective on shares of Canaan in a research report on Tuesday, May 19th. Canaan Company Profile(Get Free Report)Canaan Inc is a China-based technology company specializing in the design and manufacture of high-performance computing hardware for the digital currency and blockchain industry.