Canaccord Genuity

Canaccord Genuity has revised its target price for MicroStrategy (NASDAQ:MSTR) from $2,047.00 to $1,826.00 while maintaining its buy rating. Despite the adjustment, the firm’s analysts remain optimistic about the company’s long-term prospects, particularly due to its strategic Bitcoin (...

Canaccord Genuity has reaffirmed its “Buy” rating on Galaxy Digital Holdings (OTC:BRPHF), maintaining its price target at CA$17.00. This decision follows Galaxy Digital’s performance in the first quarter of 2024, showcasing significant growth across its various business segments....

Hut 8 Corp (NASDAQ:HUT) reported financial results Wednesday after merging with U.S. Bitcoin Corporation (USBTC) in November 2023. The results came amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst John Todaro maintained a Buy rating, while raising the price...

Shares of Coinbase Global Inc (NASDAQ:COIN) tanked in early trading on Friday, despite the company reporting a revenue beat for the first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. JPMorgan analyst Kenneth Worthington...

Despite the negativity around Tesla, Inc. (NASDAQ:TSLA) and its stock, an analyst on Tuesday reaffirmed his bullish stance. What Happened: “This team-driven, rah-rah bipolarity is as extreme as extreme gets,” said CANACCORD Genuity analyst George Gianarikas in a note, excerpts shared by...

Electric vehicle stocks had a mixed week as they reacted to a hotter-than-expected March inflation reading and the prospect of the interest-rate environment remaining inclement for potential car buyers. That said, Tesla, Inc. (NASDAQ:TSLA) ended a volatile week higher amid uncertainty about the...

Even as the efficacy and safety of Tesla, Inc.’s (NASDAQ:TSLA) full-self driving software suite polarizes people, an analyst reposed confidence in the technology in a new note released Sunday. Autonomy Well On Its Way: “We for our part – are autonomy uber-bulls. Unabashed and...

The opening quarter of the year ended with U.S. equity indices marking the fifth consecutive month of gains, gold prices soaring to all-time highs and Bitcoin‘s (CRYPTO: BTC) market cap surging by over $500 billion in the past three months. The exchange-traded fund (ETF) market witnessed...

As the financial world anticipates the next moves of the Federal Reserve, Canaccord Genuity’s strategist Tony Dwyer brings a new perspective on the potential for aggressive rate cuts in response to a weakening jobs market. What Happened: Dwyer expressed on CNBC’s “Fast Money...

Editor’s Note: This story was corrected to reflect Troy Teslike’s latest first-quarter estimate. Electric vehicle giant Tesla Inc (NASDAQ:TSLA) is expected to report first-quarter productions and delivery figures next week, which could show a sequential decline from the fourth quarter...

Amid the prevailing negativity surrounding Tesla, Inc. (NASDAQ:TSLA), one analyst reaffirmed his bullish stance on the company on Tuesday. What Happened: The negativity surrounding Tesla has reached extreme levels, with a recent surge in negative and bearish feedback...

Okta Inc (NASDAQ: OKTA) shares were climbing in early trading on Thursday, after the company reported upbeat fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Canaccord Genuity On Okta Analyst T. Michael Walkley...

In a recent analysis by Canaccord Genuity, the Canadian cannabis giant Aurora Cannabis Inc (NASDAQ:ACB) has seen its investment recommendation upgraded from “hold” to “buy,” reflecting the company’s strategic strides and financial health. This decision reflects a...

MicroStrategy Inc (NASDAQ:MSTR), on Wednesday, increased its Bitcoin (CRYPTO: BTC) reserves. The business intelligence company invested $615.7 million to acquire an additional 14,620 BTC. Executive Chairman Michael Saylor said on X that the purchase price for this batch of Bitcoin averaged $42,110...

Tesla, Inc. (NASDAQ:TSLA) shares fell in the two straight sessions that followed the release of its much-awaited to Cybertruck, with the disgruntled lot pointing to the higher-than-expected pricing. An analyst at sell-side firm Canaccord Genuity said that the newest vehicle from the electric...