---
title: "Hut 8 (HUT) Initiated with a Buy at Freedom Capital Markets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296469523.md"
description: "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."
datetime: "2026-08-20T09:45:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296469523.md)
  - [en](https://longbridge.com/en/news/296469523.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296469523.md)
generator: "portal-rs"
---

# Hut 8 (HUT) Initiated with a Buy at Freedom Capital Markets

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.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**