The Latest Analyst Ratings For Marathon Digital Holdings
Portfolio Pulse from Benzinga Insights
In the last three months, 8 analysts have published ratings on Marathon Digital Holdings (NASDAQ:MARA), showing a range of perspectives from bullish to bearish. The average 12-month price target is $22.19, with a high of $27.00 and a low of $14.00. Analysts have decreased the average price target by 10.13%. The company has shown strong financial performance with significant revenue growth, high net margins, and efficient debt management.
June 20, 2024 | 12:01 pm
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NEUTRAL IMPACT
Marathon Digital Holdings has received mixed analyst ratings over the past three months, with a recent decrease in the average price target by 10.13%. Despite this, the company has shown strong financial performance, including significant revenue growth and high net margins.
The mixed analyst ratings and the decrease in the average price target suggest a cautious outlook in the short term. However, the company's strong financial performance, including high revenue growth and net margins, provides a positive counterbalance. This results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100