B. Riley Securities Reiterates Buy on Iris Energy, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Lucas Pipes has reiterated a 'Buy' rating on Iris Energy (NASDAQ:IREN) and maintained a price target of $8.
September 25, 2023 | 1:03 pm
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B. Riley Securities has reiterated a 'Buy' rating on Iris Energy and maintained a price target of $8.
The reiteration of a 'Buy' rating by B. Riley Securities indicates their continued confidence in Iris Energy's stock. The maintained price target of $8 suggests they believe the stock is still undervalued. This could potentially lead to increased investor interest and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100