The Analyst Verdict: Cipher Mining In The Eyes Of 10 Experts
Portfolio Pulse from Benzinga Insights
10 analysts have shared their evaluations of Cipher Mining (NASDAQ:CIFR) over the past three months, with a mix of bullish and somewhat bullish perspectives. The average 12-month price target is $5.3, with a high of $6.00 and a low of $5.00. Recent ratings show a positive trend, with several analysts raising their price targets.
June 06, 2024 | 12:01 pm
News sentiment analysis
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Cipher Mining (NASDAQ:CIFR) has received predominantly bullish ratings from analysts over the past three months. The average 12-month price target has increased to $5.3, indicating positive sentiment. Recent ratings show analysts raising their price targets, reflecting confidence in the company's performance.
The majority of analysts have given bullish ratings, and the average price target has increased. This indicates strong positive sentiment and confidence in Cipher Mining's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100