Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4

Canaan's impressive turnaround is gaining significant momentum, as analysts have recently decided to double their price target for the company's stock, now setting it at an attractive $4. This marked increase reflects growing confidence in Canaan's business strategy and potential for future growth in the market. source: https://www.coindesk.com/markets/2025/10/23/canaan-s-turnaround-gains-steam-as-benchmark-doubles-price-target-to-usd4