- H.C. Wainwright analyst Kevin Dede initiated coverage of Bit Digital Inc BTBT with a Buy rating and $14 price target, implying a 46% upside.
- Dede notes that the company has transformed "from an obscure technology opportunist to a full-fledged, transparent, North American-based industrial bitcoin miner," Dede notes.
- Dede says Bit Digital is leveraging relationships to build a "formidable" North American footprint and industrial bitcoin mining hash.
- Price Action: BTBT shares traded higher by 3.44% at $9.92 in the premarket session on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Posted In: Analyst ColorNewsPrice TargetInitiationSmall CapAnalyst RatingsMoversTechTrading IdeasBriefs
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
