H.C. Wainwright initiated a buy rating on Canaan with a target price of $8.

Odaily News H.C. Wainwright analyst Kevin Dede initiates coverage of Cango (NASDAQ: CANG) with a "Buy" rating and a target price of $8. In addition, TipRanks data shows that the analyst has a total win rate of 42.6% and an average return rate of 11.8% over the past year.

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