Cantor Fitzgerald Reiterates Overweight on Cipher Mining, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Cipher Mining (NASDAQ:CIFR) and maintained a $5 price target on the stock.
March 06, 2024 | 5:39 pm
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Cipher Mining maintains an Overweight rating and a $5 price target from Cantor Fitzgerald analyst Josh Siegler.
The reiteration of an Overweight rating and a maintained price target of $5 by a reputable analyst suggests a positive outlook for Cipher Mining. This endorsement could bolster investor confidence, potentially leading to a short-term uptick in CIFR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100