PURR is trading at $8.90 (9.6% up) in pre-market, extending a sharp weekly rally after Chardan Capital raised its price target to $9.75.
- The analyst reiterated a Buy rating, citing a stronger outlook tied to the HYPE token and the Hyperliquid ecosystem.
- PURR’s outsized move appears primarily driven by the upgraded outlook and continued positive sentiment, significantly outperforming a relatively flat broader crypto market.