Chardan Capital Maintains Buy on Cleanspark, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Chardan Capital analyst Brian Dobson has maintained a Buy rating on Cleanspark (NASDAQ:CLSK) and doubled the price target from $13 to $26, indicating a strong positive outlook on the company's future performance.
March 04, 2024 | 2:54 pm
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Chardan Capital analyst Brian Dobson has reaffirmed a Buy rating on Cleanspark and increased the price target from $13 to $26, signaling confidence in the company's growth prospects.
The doubling of the price target by a reputable analyst such as Brian Dobson from Chardan Capital is a strong indicator of the company's potential for growth and profitability. This significant increase in the price target is likely to instill confidence among investors, potentially leading to a short-term increase in the stock price as market participants react to the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100