Piper Sandler Cuts Hut 8 Price Target to $123 From $143
Piper Sandler lowered its price target on Hut 8 to $123 per share from $143.
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01:37:11 PM UTC
SquawkNews
Shares of Riot Platforms (RIOT), Mara Holdings (MARA), Galaxy Digital (GLXY), and Hut 8 (HUT) fell in morning trade on Tuesday after Piper Sandler cut its price targets for all four firms, citing a reversal in the broader AI trade.Analyst Patrick Moley cited three pressures in a note to investors c…