Chardan Capital Maintains Neutral on Marathon Digital Holdings, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Chardan Capital analyst Brian Dobson has maintained a Neutral rating on Marathon Digital Holdings (MARA) but raised the price target from $26 to $30.
March 05, 2024 | 1:21 pm
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Chardan Capital maintains a Neutral rating on Marathon Digital Holdings but increases the price target from $26 to $30.
The increase in the price target from $26 to $30 by Chardan Capital suggests a positive outlook on the stock's future performance, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100