Cantor Fitzgerald Reiterates Overweight on Iris Energy, Maintains $10 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Iris Energy (NASDAQ:IREN) and maintained a $10 price target.
August 28, 2023 | 3:48 pm
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Cantor Fitzgerald analyst has reiterated an Overweight rating on Iris Energy and maintained a $10 price target.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for Iris Energy. The maintained price target of $10 also suggests that the analyst believes the stock is undervalued at current prices. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100