December 18, 2025

Hut 8 price target boosted at Cantor and Canaccord after Google-backed AI deal

Cantor Fitzgerald analyst Brett Knoblauch on Wednesday raised his price target on Hut 8 (HUT) to $72 from $64 following the company’s announcement of a $7 billion lease agreement with AI infrastructure firm Fluidstack.“We believe this is a deal the market …

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