Marathon Digital shares are trading higher after HC Wainwright & Co maintained a Buy rating on the stock and raised its price target from $20 to $24.
Portfolio Pulse from Benzinga Newsdesk
Marathon Digital's stock (MARA) is trading higher following an upgrade in price target from $20 to $24 by HC Wainwright & Co, which also maintained a Buy rating on the shares.
December 20, 2023 | 1:51 pm
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POSITIVE IMPACT
Marathon Digital's stock price is positively impacted by HC Wainwright & Co's raised price target from $20 to $24 and a maintained Buy rating.
Analyst ratings and price target adjustments are significant drivers of stock price movements. The increase in price target by HC Wainwright & Co suggests a bullish outlook on Marathon Digital, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100