Keefe, Bruyette & Woods Bumps Hut 8 (HUT) Target on Strong Colocation Execution
Hut 8 Corp. (NASDAQ:HUT) is one of the AI Stocks on Market Radar. On December 19, Keefe, Bruyette & Woods analyst Stephen Glagola raised the price target on the stock to 30.00) while maintaining an “Outperform” rating. Analysts see HUT as undervalued, pointing to robust colocation deal execution which they said is performing better compared to peer Fluidstack leases. They said improving colocation pricing is a good sign for crypto miners with ready-for-service capacity over 2026-27. Overal ...