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 29, 2023 | 2:29 pm
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Cantor Fitzgerald analyst Josh Siegler reaffirmed an Overweight rating on Bitfarms with a steady price target of $2.
The reiteration of an Overweight rating by a Cantor Fitzgerald analyst could instill confidence in investors and positively influence Bitfarms' stock price in the short term. The maintenance of the $2 price target suggests the analyst's continued belief in the company's potential to reach or exceed this value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100