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Chardan Gives HIVE Digital Technologies Ltd Fresh Buy Rating

Guavy AI Editorial Team
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Hive Digital Technologies Ltd (HIVE) has seen its stock price rise by 6.2% due to growing optimism about its cryptocurrency and AI infrastructure gains.

The company recently received a fresh Buy rating from Chardan, with a $7.50 price target that reflects the potential for significant upside in the coming months.

This new rating adds to the overall consensus of Buy on HIVE, with analysts expecting the company's bitcoin mining scale and rapid expansion into AI-focused GPU cloud and colocation services to drive growth.

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