Key facts
- Rosenblatt analyst Jonathan Stearns raised Hive Digital's stock price target.
- The new price target for Hive Digital stock is $14.
- Growth in the high-performance computing (HPC) sector was cited as the reason for the target increase.
Rosenblatt analyst Jonathan Stearns has raised the price target for Hive Digital stock to $14. The adjustment was primarily driven by anticipated growth within the high-performance computing (HPC) sector. This indicates a positive outlook from the analyst on Hive Digital's potential to benefit from trends in HPC.