HC Wainwright & Co. Downgrades Mawson Infra Gr to Neutral
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Kevin Dede has downgraded Mawson Infrastructure Group (NASDAQ:MIGI) from Buy to Neutral.
July 31, 2024 | 10:43 am
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NEGATIVE IMPACT
HC Wainwright & Co. analyst Kevin Dede has downgraded Mawson Infrastructure Group (NASDAQ:MIGI) from Buy to Neutral. This downgrade may indicate a less optimistic outlook for the company's short-term performance.
The downgrade from Buy to Neutral by a reputable analyst suggests a less favorable view of Mawson Infrastructure Group's short-term prospects. This could lead to a negative impact on the stock price as investors may adjust their positions based on the new rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100