HC Wainwright & Co. Maintains Buy on Cipher Mining, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Mike Colonnese maintains a Buy rating on Cipher Mining (NASDAQ:CIFR) and raises the price target from $5.5 to $6.
June 06, 2024 | 11:00 am
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HC Wainwright & Co. analyst Mike Colonnese maintains a Buy rating on Cipher Mining and raises the price target from $5.5 to $6.
The Buy rating and increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100