Canaccord Genuity Maintains Buy on Iris Energy, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has reiterated its Buy rating for Iris Energy (NASDAQ:IREN) and maintained a price target of $15, indicating confidence in the company's future performance.
August 29, 2024 | 12:01 pm
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Canaccord Genuity has reiterated its Buy rating for Iris Energy, maintaining a $15 price target. This suggests confidence in the company's future performance and potential stock price appreciation.
The reaffirmation of a Buy rating and a $15 price target by Canaccord Genuity indicates a positive outlook for Iris Energy. This can lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100