Cantor Fitzgerald Reiterates Overweight on Iris Energy, Maintains $10 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Josh Siegler has reiterated an Overweight rating on Iris Energy (NASDAQ:IREN) and maintained a $10 price target.

March 28, 2024 | 4:11 pm
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Cantor Fitzgerald analyst Josh Siegler reaffirmed an Overweight rating on Iris Energy and kept the price target at $10.
The reiteration of an Overweight rating and maintenance of a $10 price target by a reputable analyst like Josh Siegler could instill confidence among investors and potentially drive the stock price up in the short term. Analyst ratings, especially from well-regarded firms, often influence investor perception and can lead to price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100