What 7 Analyst Ratings Have To Say About Cipher Mining
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 7 analysts have published their opinion on Cipher Mining (NASDAQ:CIFR) stock, with 6 bullish and 1 somewhat bullish ratings. The company has an average 12-month price target of $3.53, which has increased by 30.74% over the past month.
June 06, 2023 | 8:02 pm
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Cipher Mining (NASDAQ:CIFR) has received 6 bullish and 1 somewhat bullish ratings from 7 analysts over the past 3 months. The average 12-month price target is $3.53, up 30.74% in the past month.
The majority of analysts have a bullish outlook on Cipher Mining, with 6 out of 7 analysts giving bullish ratings and 1 somewhat bullish rating. The average 12-month price target has increased by 30.74% over the past month, indicating a positive sentiment towards the stock. This is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100