Needham Reiterates Buy on Cipher Mining, Maintains $5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst John Todaro has reiterated a 'Buy' rating on Cipher Mining (NASDAQ:CIFR) and maintained a $5 price target.
August 09, 2023 | 9:41 am
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Needham analyst John Todaro has reiterated a 'Buy' rating on Cipher Mining and maintained a $5 price target.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $5 price target could potentially boost investor confidence in Cipher Mining, leading to a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100