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BTCC / BTCC Square / Global Cryptocurrency /
Innodata Stock Surges on Analyst Price Target Hike

Innodata Stock Surges on Analyst Price Target Hike

Author:
Global Cryptocurrency
Published:
2025-10-16 03:55:01
BTCCSquare news:

Innodata shares soared over 9% after Wedbush analyst Dan Ives raised his price target to $90, citing confidence in the company's AI data-labeling capabilities. The stock's rally dwarfed the broader market's 0.4% gain.

Ives maintained his outperform rating, highlighting Innodata's potential to secure contracts with major tech firms and hyperscalers. This follows BWS Financial's recent target increase to $110, creating a bullish consensus among analysts tracking the AI infrastructure provider.

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