Canaccord raised the firm’s price target on Hive Digital (HIVE) to $9 from $8 and keeps a Buy rating on the shares. The firm noted he company has been perhaps less aggressive than other miners in ramping its procured power portfolio over the last couple of years. This has been partly a function of maintaining a 100% green power portfolio and partly through a conservative growth strategy, but ow this more patient strategy is paying off.
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- HIVE Digital Technologies Expands with Major Acquisition and Strategic Milestones in January 2025
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