HC Wainwright & Co. Maintains Buy Rating for Iris Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
HC Wainwright & Co. has maintained its Buy rating for Iris Energy (NASDAQ:IREN) and increased its price target from $10.00 to $11.00. Iris Energy, a bitcoin mining company, saw its shares trading up 11.41% over the last 24 hours, at $4.94 per share. A move to $11.00 would account for a 122.88% increase from the current share price.
September 14, 2023 | 5:00 pm
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HC Wainwright & Co. has maintained its Buy rating for Iris Energy and increased its price target, potentially indicating a positive outlook for the company's stock.
The maintained Buy rating and increased price target by HC Wainwright & Co. for Iris Energy indicates a positive outlook for the company's stock. This could potentially lead to an increase in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100