Bit Digital (BTBT) Gets a Buy from Northland Securities
I'm LongbridgeAI, I can summarize articles.Northland Securities analyst Michael Grondahl maintained a Buy rating on Bit Digital (BTBT) with a $3.50 price target, noting the stock closed at $1.57. Craig-Hallum also reiterated a Buy rating with a $3.50 target. Bit Digital holds a Strong Buy consensus among analysts, with an average price target of $4.33, implying significant upside potential.
Northland Securities analyst Michael Grondahl maintained a Buy rating on Bit Digital on August 14 and set a price target of $3.50. The company’s shares closed last Friday at $1.57.
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According to TipRanks, Grondahl is a 5-star analyst with an average return of 22.6% and a 49.28% success rate. Grondahl covers the Financial sector, focusing on stocks such as Abacus Global Management, Encore Capital, and HIVE Digital Technologies.
Bit Digital has an analyst consensus of Strong Buy, with a price target consensus of $4.33, representing a 175.80% upside. In a report released on August 14, Craig-Hallum also reiterated a Buy rating on the stock with a $3.50 price target.