Canaccord Genuity Reiterates Buy on Cipher Mining, Maintains $5.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi reiterates a Buy rating on Cipher Mining (NASDAQ:CIFR) and maintains a $5.5 price target.
March 28, 2024 | 4:50 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Canaccord Genuity analyst Joseph Vafi reiterates a Buy rating on Cipher Mining and maintains a $5.5 price target.
The reiteration of a Buy rating and maintenance of a $5.5 price target by a reputable analyst could positively influence investor sentiment towards Cipher Mining, potentially leading to an increase in its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100