Wall Street Analysts See a 28.14% Upside in Hut 8 (HUT): Can the Stock Really Move This High?

Hut 8 (HUT) closed the last trading session at $9.56, gaining 16.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $12.25 indicates a 28.1% upside potential. The mean estimate comprises six short-term price targets with a standard deviation of $2.60. While the lowest estimate of $7.50 indicates a 21.6% decline from the current price level, the most optimistic analyst expects the s ...