B. Riley Securities Maintains Buy on Iris Energy, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Iris Energy (NASDAQ:IREN) and raised the price target from $9.5 to $18, indicating strong confidence in the company's future performance.
June 24, 2024 | 2:02 pm
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B. Riley Securities has maintained a Buy rating on Iris Energy and raised the price target from $9.5 to $18, indicating strong confidence in the company's future performance.
The raised price target from $9.5 to $18 by B. Riley Securities suggests a significant upside potential for Iris Energy. This positive analyst rating is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100