BTIG Maintains Buy on Canaan, Lowers Price Target to $2
BTIG analyst Gregory Lewis maintains Canaan (NASDAQ:CAN) with a Buy and lowers the price target from $3 to $2.
A stock expert still thinks Canaan is a good company to own, but believes it might be worth less money than they thought before. When experts lower their price targets, it means they see challenges ahead—like competition or slower growth—even if they still like the business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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