Canaccord Genuity Maintains Buy on Iris Energy, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi maintains a Buy rating on Iris Energy (NASDAQ:IREN) and raises the price target from $12 to $15.
July 24, 2024 | 10:25 am
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Canaccord Genuity analyst Joseph Vafi maintains a Buy rating on Iris Energy and raises the price target from $12 to $15.
The raised price target from $12 to $15 by a reputable analyst suggests increased confidence in Iris Energy's future performance, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100