Cantor Fitzgerald Reiterates Overweight on Iris Energy, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has reiterated his Overweight rating on Iris Energy (NASDAQ:IREN), maintaining a $10 price target.
September 05, 2023 | 1:55 pm
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Cantor Fitzgerald analyst has reiterated an Overweight rating on Iris Energy, maintaining a $10 price target.
The reiteration of an Overweight rating by a Cantor Fitzgerald analyst 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 levels. This could potentially lead to an increase in the stock's price in the short term.
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