CleanSpark shares are trading higher after Chardan Capital maintained a Buy rating on the stock and raised its price target from $10 to $11.
Portfolio Pulse from Benzinga Newsdesk
CleanSpark's stock is trading higher following Chardan Capital's decision to maintain a Buy rating on the stock and increase its price target from $10 to $11.
August 11, 2023 | 3:49 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CleanSpark's stock price is likely to increase in the short term due to Chardan Capital's maintained Buy rating and raised price target.
Analyst ratings and price targets can significantly influence a stock's price. In this case, Chardan Capital, a reputable financial institution, has maintained a Buy rating on CleanSpark's stock and raised its price target. This indicates a positive outlook for the company, which is likely to attract investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100