Marathon Digital Holding shares are trading lower after Chardan Capital downgraded the stock from Buy to Neutral and maintained its $15 price target.
Portfolio Pulse from Benzinga Newsdesk
Marathon Digital Holding's stock has been downgraded from Buy to Neutral by Chardan Capital, which maintained its $15 price target. This has resulted in a decrease in the trading value of Marathon's shares.
August 07, 2023 | 2:40 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Marathon Digital Holding's stock was downgraded by Chardan Capital, leading to a decrease in its trading value.
The downgrade of Marathon Digital Holding's stock by Chardan Capital from Buy to Neutral indicates a less optimistic outlook for the company's stock. This can lead to a decrease in demand for the stock, resulting in a drop in its trading value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100