What 5 Analyst Ratings Have To Say About Bitfarms
Portfolio Pulse from Benzinga Insights
In the last quarter, Bitfarms (NASDAQ:BITF) received 5 analyst ratings, with 1 being bullish and 4 somewhat bullish. The average 12-month price target for the company is $2.8, a decrease of 6.67% from the previous average of $3.00.
November 08, 2023 | 8:00 pm
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NEUTRAL IMPACT
Bitfarms received 5 analyst ratings in the last quarter, with an average 12-month price target of $2.8, down 6.67% from the previous average.
The news is directly about Bitfarms and its analyst ratings. The decrease in the average price target could indicate a potential decrease in the stock price, but the overall bullish ratings suggest a positive outlook. Therefore, the short-term impact is neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100