HC Wainwright & Co. Maintains Buy on Iris Energy, Raises Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
HC Wainwright & Co. analyst Mike Colonnese maintains a Buy rating on Iris Energy (NASDAQ:IREN) and raises the price target from $8 to $10.

June 21, 2023 | 10:18 am
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HC Wainwright & Co. maintains a Buy rating on Iris Energy (NASDAQ:IREN) and raises the price target from $8 to $10.
The news of HC Wainwright & Co. maintaining a Buy rating and raising the price target for Iris Energy (NASDAQ:IREN) from $8 to $10 is positive for the stock. This indicates that the analyst has a favorable view of the company's prospects, which could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100