Cantor Fitzgerald Initiates Coverage On Bitfarms with Overweight Rating, Announces Price Target of $2
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Josh Siegler initiates coverage on Bitfarms (NASDAQ:BITF) with an Overweight rating and a price target of $2.
May 19, 2023 | 11:13 am
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Cantor Fitzgerald's Josh Siegler initiates coverage on Bitfarms with an Overweight rating and a price target of $2.
The initiation of coverage by Cantor Fitzgerald with an Overweight rating and a price target of $2 indicates a positive outlook for Bitfarms. This news is likely to have a positive short-term impact on the stock price as it reflects the analyst's confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100