H. C. Wainwright gives Cangu a buy rating for the first time, with a target price of $8

Odaily Planet Daily News: H.C. Wainwright analyst Kevin Dede has covered Cango (NASDAQ: CANG) for the first time, giving a "buy" rating with a target price of $8. In addition, TipRanks data shows that the analyst has a total win rate of 42.6% and an average return rate of 11.8% in the past year.