- H.C. Wainwright analyst Kevin Dede initiated coverage of Bit Digital Inc (NASDAQ: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.
BMO Capital Maintains Outperform on Palo Alto Networks, Raises Price Target to $480
BMO Capital analyst Keith Bachman maintains Palo Alto Networks (NYSE:PANW) with a Outperform and raises the price target from $460 to $480.
