Cantor Fitzgerald Reiterates Overweight on Bitfarms, Maintains $2 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Bitfarms (NASDAQ:BITF) and maintained a $2 price target for the company's stock.
November 20, 2023 | 5:26 pm
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Cantor Fitzgerald analyst Josh Siegler reaffirmed an Overweight rating on Bitfarms with a steady price target of $2, indicating a positive outlook on the stock.
The reiteration of an Overweight rating by a Cantor Fitzgerald analyst suggests a bullish sentiment towards Bitfarms. Maintaining a $2 price target indicates the analyst's belief that the stock has the potential to reach or exceed this value in the short term, which could positively influence investor sentiment and potentially drive the stock price up.
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