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Canaan analyst ratings

Benzinga Analyst Ratings ·  Jul 6, 2022 07:54
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/06/2022 44.51% HC Wainwright & Co. → $5 Initiates Coverage On → Buy
06/08/2022 160.12% Benchmark → $9 Initiates Coverage On → Buy
05/16/2022 189.02% DA Davidson $15 → $10 Maintains Buy

Canaan Questions & Answers

What is the target price for Canaan (CAN)?

The latest price target for Canaan (NASDAQ: CAN) was reported by HC Wainwright & Co. on July 6, 2022. The analyst firm set a price target for $5.00 expecting CAN to rise to within 12 months (a possible 44.51% upside). 3 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Canaan (CAN)?

The latest analyst rating for Canaan (NASDAQ: CAN) was provided by HC Wainwright & Co., and Canaan initiated their buy rating.

When is the next analyst rating going to be posted or updated for Canaan (CAN)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Canaan, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Canaan was filed on July 6, 2022 so you should expect the next rating to be made available sometime around July 6, 2023.

Is the Analyst Rating Canaan (CAN) correct?

While ratings are subjective and will change, the latest Canaan (CAN) rating was a initiated with a price target of $0.00 to $5.00. The current price Canaan (CAN) is trading at is $3.46, which is within the analyst's predicted range.

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