Bitdeer Technologies Group's stock surged 5.66% in the pre-market trading session on Monday, following analyst upgrades and higher price targets.
Alliance Global Partners raised its price target on Bitdeer (BTDR) to $39 from $18, citing the company's strong performance and growth prospects. The firm maintains a Buy rating on the shares.
Additionally, Benchmark Co. analyst Mark Palmer initiated coverage on Bitdeer Technologies with a Buy rating and a price target of $29.00, highlighting the company's leadership in the cryptocurrency mining space.
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