Cantor Fitzgerald Maintains Overweight on Bitfarms, Raises Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has maintained an Overweight rating on Bitfarms (NASDAQ:BITF) and increased the price target from $2 to $3.
January 25, 2024 | 7:16 pm
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Cantor Fitzgerald analyst Josh Siegler reaffirmed an Overweight rating on Bitfarms and raised the price target to $3, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically suggests a bullish view on the stock's future performance. This can lead to increased investor confidence and potential short-term price appreciation.
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