HC Wainwright & Co. Maintains Buy Rating for Digihost Technology: Here's What You Need To Know

HC Wainwright & Co. has decided to maintain its Buy rating of Digihost Technology DGHI and lower its price target from $5.00 to $2.50.

Shares of Digihost Technology are trading down 2.06% over the last 24 hours, at $0.95 per share.

A move to $2.50 would account for a 163.16% increase from the current share price.

About Digihost Technology

Digihost Technology Inc is a blockchain company focused on Bitcoin mining. The company's mining facility is located in Buffalo, NY, and is equipped with an 18.7 MVA 115,000-kilovolt ampere outdoor substation with an option to increase the power output to 42MVA.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.