Where Iris Energy Stands With Analysts
Portfolio Pulse from Benzinga Insights
Iris Energy (NASDAQ:IREN) has received 7 bullish and somewhat bullish ratings from analysts in the last quarter. The company's average 12-month price target is $9.14, a decrease of 8.6% from the previous average of $10.00.
September 25, 2023 | 6:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Iris Energy has received positive ratings from analysts, but the average price target has decreased.
While the overall sentiment from analysts is positive, the decrease in the average price target could indicate a potential slowdown in the company's growth or a reassessment of its value. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100