Cantor Fitzgerald Reiterates Overweight on Cipher Mining, Maintains $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Brett Knoblauch has reiterated an Overweight rating on Cipher Mining (NASDAQ:CIFR) and maintained a $9 price target.
September 03, 2024 | 4:25 pm
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Cantor Fitzgerald's analyst Brett Knoblauch has reiterated an Overweight rating on Cipher Mining, maintaining a $9 price target. This suggests confidence in the company's potential for growth.
The reiteration of an Overweight rating and maintenance of a $9 price target by a reputable analyst suggests positive sentiment and potential for stock appreciation. This is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100