Hut 8 (HUT) Initiated with a Buy at Freedom Capital Markets
I'm LongbridgeAI, I can summarize articles.Freedom Capital Markets initiated coverage of Hut 8 (HUT) with a Buy rating. The stock closed at $82.08. Overall, the market consensus for HUT is Strong Buy, with an average price target of $166.40, indicating significant upside potential. Additionally, Clear Street reiterated a Buy rating on August 18 with a $170.00 price target.
Hut 8 received a Buy rating and price target from Freedom Capital Markets analyst yesterday. The company’s shares closed yesterday at $82.08.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hut 8 with a $166.40 average price target, representing a 102.73% upside. In a report released on August 18, Clear Street also reiterated a Buy rating on the stock with a $170.00 price target.