Needham Maintains Buy on Cipher Mining, Raises Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro maintains a Buy rating on Cipher Mining (NASDAQ:CIFR) and raises the price target from $5 to $7.5.

August 14, 2024 | 10:38 am
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POSITIVE IMPACT
Needham analyst John Todaro maintains a Buy rating on Cipher Mining and raises the price target from $5 to $7.5.
The raised price target from $5 to $7.5 and maintained Buy rating by a reputable analyst is likely to positively impact investor sentiment and drive short-term price appreciation for Cipher Mining.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100