Compass Point Maintains Buy on Marathon Digital Holdings, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Chase White has maintained a 'Buy' rating on Marathon Digital Holdings (NASDAQ:MARA) but lowered the price target from $21 to $20.

August 09, 2023 | 7:53 pm
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Marathon Digital Holdings' price target has been lowered from $21 to $20 by Compass Point, though the 'Buy' rating is maintained.
The news is directly about Marathon Digital Holdings. While the lowering of the price target might be seen as a negative, the maintenance of the 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100