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Northern Data Cut to Hold to Reflect Acquisition by Rumble: Canaccord
Market Intelligence Analysis
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Why This Matters
Canaccord downgraded Northern Data to hold from buy, reducing its price target to 15 euros from 27 euros due to the company's acquisition by Rumble.
Market Impact
Market impact analysis based on bearish sentiment with 75% confidence.
Sentiment
Bearish
AI Confidence
75%
Article Context
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The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.
Original article published by
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on November 11, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.