JP Morgan Maintains Neutral on Cleanspark, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith has maintained a Neutral rating on Cleanspark (NASDAQ:CLSK) and increased the price target from $14 to $15.

April 10, 2024 | 12:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan analyst Reginald Smith has maintained a Neutral rating on Cleanspark but raised the price target from $14 to $15.
The increase in the price target by JP Morgan, a reputable financial institution, suggests a positive outlook on Cleanspark's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that there are still uncertainties or concerns that prevent a more bullish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100