Analysts Set Hyperliquid Strategies Inc (NASDAQ:PURR) Target Price at $20.40

Shares of Hyperliquid Strategies Inc (NASDAQ:PURR) have been given a consensus recommendation of “Buy” by the five ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $19.80.

Several research firms have weighed in on PURR. Compass Point began coverage on Hyperliquid Strategies in a research report on Monday, September 14th. They issued a “buy” rating and a $18.00 price objective on the stock. Cantor Fitzgerald raised their target price on Hyperliquid Strategies from $22.60 to $34.20 and gave the company an “overweight” rating in a research report on Thursday, September 10th. Chardan Capital lifted their target price on Hyperliquid Strategies from $9.75 to $17.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Weiss Ratings raised shares of Hyperliquid Strategies from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 28th. Finally, Wall Street Zen lowered shares of Hyperliquid Strategies from a “hold” rating to a “sell” rating in a research report on Saturday, August 29th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PURR. State of Wyoming bought a new position in shares of Hyperliquid Strategies during the 2nd quarter valued at approximately $46,000. Shepherd Financial Partners LLC bought a new stake in shares of Hyperliquid Strategies in the 2nd quarter worth approximately $79,000. Lotus Technology Management LP purchased a new position in Hyperliquid Strategies in the second quarter valued at approximately $93,000. Baird Financial Group Inc. purchased a new position in Hyperliquid Strategies in the second quarter valued at approximately $111,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in Hyperliquid Strategies during the second quarter valued at $125,000. 9.45% of the stock is currently owned by hedge funds and other institutional investors.

Hyperliquid Strategies Price Performance

PURR stock opened at $14.09 on Monday. The firm has a market cap of $3.35 billion, a PE ratio of -2.19 and a beta of 1.89. The business has a 50 day moving average of $9.01 and a 200-day moving average of $7.70. Hyperliquid Strategies has a 12-month low of $3.01 and a 12-month high of $14.47.

Hyperliquid Strategies Company Profile