JP Morgan Maintains Overweight on Iris Energy, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith maintains an Overweight rating on Iris Energy (NASDAQ:IREN) and raises the price target from $10 to $11.
June 04, 2024 | 1:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan analyst Reginald Smith maintains an Overweight rating on Iris Energy and raises the price target from $10 to $11.
The Overweight rating and increased price target from a reputable analyst at JP Morgan is likely to boost investor confidence in Iris Energy, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100