What Analysts Are Saying About Iris Energy Stock
Portfolio Pulse from Benzinga Insights
Analysts have shared mixed opinions on Iris Energy (NASDAQ:IREN) over the past three months, with a majority being bullish. The average 12-month price target has increased to $12.2, with a high of $23.00. Key analysts have raised their ratings and price targets, reflecting positive sentiment towards the company's financial performance and growth prospects.
June 24, 2024 | 5:01 pm
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Analysts have shown increased bullish sentiment towards Iris Energy (NASDAQ:IREN) with an average 12-month price target of $12.2, up from $9.58. Key analysts have raised their ratings and price targets, indicating positive expectations for the company's financial performance and growth.
The majority of analysts have given bullish ratings, and the average price target has increased significantly. Key analysts from firms like B. Riley Securities, Cantor Fitzgerald, and JP Morgan have raised their ratings and price targets, reflecting strong positive sentiment towards the company's financial performance and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100