Bitdeer Technologies Group (BTDR) stock surged 9.01% in Friday's intraday trading session, driven by a positive analyst report.
In a research note released today, Gregory Lewis from BTIG reiterated a Buy rating on Bitdeer Technologies Group and maintained his price target on the stock. This bullish analyst call underscores confidence in the company's prospects and likely fueled investor optimism, contributing to the significant upward movement in BTDR's share price.
While specific details on the analyst's rationale were not provided, the reiterated Buy rating suggests that BTIG sees potential for further upside in Bitdeer Technologies Group's valuation based on its business fundamentals and growth outlook.
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