Wall Street Zen Upgrades Hyperliquid Strategies (NASDAQ:PURR) to “Hold”

Hyperliquid Strategies (NASDAQ:PURR – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday, Wall Street Zen reports.

A number of other research firms have also recently weighed in on PURR. Chardan Capital increased their price objective on Hyperliquid Strategies from $9.75 to $17.00 and gave the stock a “buy” rating in a research report on Friday, August 28th. Weiss Ratings raised Hyperliquid Strategies from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 28th. Compass Point began coverage on Hyperliquid Strategies in a research note on Monday, September 14th. They set a “buy” rating and a $18.00 price target for the company. Finally, Cantor Fitzgerald increased their price target on Hyperliquid Strategies from $22.60 to $34.20 and gave the stock an “overweight” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $19.80.

View Our Latest Stock Analysis on Hyperliquid Strategies

Hyperliquid Strategies Price Performance

NASDAQ PURR opened at $11.89 on Friday. The firm has a market cap of $2.83 billion, a P/E ratio of -1.85 and a beta of 1.89. Hyperliquid Strategies has a 52-week low of $3.01 and a 52-week high of $14.76. The business’s 50-day moving average price is $10.19 and its 200 day moving average price is $8.24.

Hedge Funds Weigh In On Hyperliquid Strategies

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

Hyperliquid Strategies Company Profile

(Get Free Report)

Further Reading

Analyst Recommendations for Hyperliquid Strategies (NASDAQ:PURR)

Receive News & Ratings for Hyperliquid Strategies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyperliquid Strategies and related companies with MarketBeat.com's FREE daily email newsletter.