Cantor Fitzgerald Reiterates Overweight on Cipher Mining, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Cipher Mining (NASDAQ:CIFR) and maintained a $6 price target.
September 25, 2023 | 4:17 pm
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Cipher Mining's stock rating has been reiterated as Overweight by Cantor Fitzgerald, with a maintained price target of $6.
The reiteration of an Overweight rating by a reputable analyst like Josh Siegler from Cantor Fitzgerald indicates a positive outlook for Cipher Mining. This could potentially lead to an increase in the stock's price in the short term. The maintained price target of $6 also suggests that the analyst believes the stock is currently undervalued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100