Crypto
HIVE Digital Technologies Stock Soars on Chardan's Bullish Call and AI-GPU Growth Story
HIVE Digital Technologies Ltd's stock has surged by 3.7 percent due to rising sentiment in the crypto-mining sector.
Chardan initiated coverage of HIVE with a Buy rating and a $7.50 price target, citing upside from its bitcoin mining scale and push into AI-focused GPU cloud and colocation services.
A second note from Chardan reiterated the Buy call on HIVE Digital and the same $7.50 target, reinforcing an overall Buy consensus on the company with a slight increase in expectations for potential upside.