BUZZ-Hut 8 jumps, JonesResearch initiates coverage with 'buy'

Reuters
2024-12-13
BUZZ-Hut 8 jumps, JonesResearch initiates coverage with 'buy'

** U.S.-listed shares of bitcoin miner Hut 8 HUT.O jump 11% to $29.65, on track for best day since Nov. 27

** Stock outperforming most bitcoin stocks on the day

** JonesResearch initiates coverage of HUT with "buy" rating and $36 price target

** PT represents nearly 35% upside to previous close of $26.69

** Analyst Stephen Glagola expects Hut 8's mining operations to significantly improve over next 12 months

** Says stock "solid proxy" for bitcoin price given HUT's bitcoin BTC= held per share

** Says market currently underappreciating HUT's chances to land a HPC (high performance computing) deal

** 7 other brokerages covering the stock rate it "buy"; their median PT is $32

** HUT has more than doubled in price this year, tracking a strong rally in bitcoin

(Reporting by Lisa Mattackal)

((LisaPauline.Mattackal@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10