Cantor Fitzgerald Downgrades Mawson Infra Gr to Neutral, Lowers Price Target to $1
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Josh Siegler has downgraded Mawson Infra Gr (NASDAQ:MIGI) from Overweight to Neutral and lowered the price target from $12 to $1.
August 24, 2023 | 9:16 am
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Mawson Infra Gr has been downgraded from Overweight to Neutral by Cantor Fitzgerald, with a significant reduction in price target from $12 to $1.
The downgrade from Overweight to Neutral indicates a less optimistic outlook for the company's stock. The significant reduction in price target from $12 to $1 suggests that the analyst believes the stock is overvalued at its current price, which could lead to a decrease in the stock's price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100