Canaan Inc. Stock 12‑Month Price Target Cut to $1.91, Implies 295% Upside
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Canaan Inc.'s average stock price target has been reduced from $2.05 to $1.91, with estimates ranging from $1 to $3 per share. This new target suggests a potential upside of approximately 295% based on the May 18 closing price. The consensus rating remains a 'Buy' from 7 analysts, with 6 Buys and 1 Hold.
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