Benchmark Lifts Hut 8 Price Target To $165 On AI Data Center Expansion
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Benchmark has raised its price target for Hut 8 to $165, citing the company's expansion into ai data centers. The move is reportedly related to significant ai data center deals, with some outlets mentioning contracts valued at $16.8 billion. The development is seen as a positive sign for Hut 8's growth prospects.
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