Canaccord Genuity Reiterates Buy on Cipher Mining, Maintains $5.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi has reiterated a Buy rating on Cipher Mining (NASDAQ:CIFR) and maintained a price target of $5.5.
December 21, 2023 | 9:39 am
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Canaccord Genuity analyst Joseph Vafi reiterated a Buy rating on Cipher Mining and maintained a $5.5 price target.
The reiteration of a Buy rating and the maintenance of a price target by a reputable analyst like Joseph Vafi can instill confidence in investors and potentially lead to a positive short term impact on Cipher Mining's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100