HUT - What's Going On With Bitcoin Mining Stock Hut 8 Today? | Benzinga
Shares of Bitcoin (CRYPTO: BTC) miner Hut 8 Corp (NASDAQ:HUT) are trading higher Thursday. The company is set to be added to the Russell 3000. The stock may also be moving on the back of positive analyst coverage.
What Happened: Canaccord Genuity analyst Joseph Vafi maintained Hut 8 with a Buy rating and raised the price target from $14 to $22.
The price target increase follows several other analyst updates in recent weeks. Needham maintained a Buy rating and raised its price target to $15, Benchmark maintained a Buy rating and raised its target from ...