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LSE:NG.L News 29 January 2026

National Grid share price slips as gilt yields climb — what to watch next for NG.L

National Grid share price slips as gilt yields climb — what to watch next for NG.L

LONDON, Jan 29, 2026, 08:58 GMT — Regular session. National Grid shares dipped Thursday morning, retreating from the one-year peak reached in the last session. The pullback came amid rising UK bond yields, which pressured dividend-heavy utility stocks. This shift is significant since regulated utilities often trade like bond substitutes. As government borrowing costs climb, their reliable cashflows lose appeal,…

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  • Hut 8 Shares Surge Past Analyst Target of $28.62
    January 29, 2026, 7:51 AM EST. Shares of Hut 8 Corp (HUT), a cryptocurrency miner, recently surpassed the average 12-month analyst target price of $28.62, trading at $29.30. The target price reflects the collective estimate from 16 analysts, with individual forecasts ranging from $23 to $36. The standard deviation of $4.33 highlights diverse market expectations. Analysts maintaining a consensus average rating of 1.24 (1=Strong Buy, 5=Strong Sell) suggest continued optimism. Investors face a decision: consider a possible upward revision in price targets due to positive business development or assess if the stock valuation is stretched. The split of 14 strong buy, 2 buy, and 1 hold ratings indicates broad analyst confidence. Data sourced from Zacks Investment Research underscores the importance of re-evaluating investment positions as Hut 8 exceeds its target price.
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