Cantor Fitzgerald Maintains Overweight on Bitfarms, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has maintained an Overweight rating on Bitfarms (NASDAQ:BITF) but lowered the price target from $3 to $2.
November 08, 2023 | 5:33 pm
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Cantor Fitzgerald has maintained an Overweight rating on Bitfarms but lowered the price target from $3 to $2.
The lowered price target from Cantor Fitzgerald could potentially lead to a decrease in Bitfarms' stock price in the short term. Investors may interpret this as a sign of decreased future performance, which could lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100