Yahoo Finance

Keefe Bruyette says Hive Digital’s (HIVE) fiscal Q3 report “was a sign of progress” following the company’s ongoing fleet upgrade program. The market is not yet fully appreciating Hive’s expansion efforts as the stock continues to trade at a significant discount to the peer group average, the analyst tells investors in a research note. Keefe sees an “attractive entry point” and maintains an Outperform rating on the shares with an $11 price target

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Read More on HIVE:

• Hive Digital price target raised to $9 from $8 at Canaccord

• HIVE Digital Technologies Expands with Major Acquisition and Strategic Milestones in January 2025

• Hive Digital price target raised to $10 from $8 at H.C. Wainwright

• HIVE Digital Reports Strong Q4 Earnings and Growth

• Hive Digital reports Q3 EPS 1c vs (8c) last year