PURR is trading 6% higher at $8.26 following an upbeat analyst call from Chardan Capital.
- Chardan Capital raised its price target to $9.75 and reiterated a Buy rating, citing a stronger outlook tied to the HYPE token and Hyperliquid ecosystem.
- Broader risk-on sentiment in equities and a firm crypto backdrop are providing additional tailwinds for crypto-linked names, amplifying the move as traders react to the upgraded valuation.