5 Analysts Have This to Say About Iris Energy
Portfolio Pulse from Benzinga Insights
In the last quarter, Iris Energy (NASDAQ:IREN) received 2 bullish and 3 somewhat bullish ratings from analysts. The company's average 12-month price target has increased by 12.5% from $8.00 to $9.00.
September 05, 2023 | 6:01 pm
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POSITIVE IMPACT
Iris Energy received positive ratings from analysts, which could boost investor confidence and potentially drive the stock price up.
Analyst ratings often influence investor sentiment. In this case, the positive ratings for Iris Energy, along with an increased price target, could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100