Needham Initiates Coverage On Core Scientific with Buy Rating, Announces Price Target of $16
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro has initiated coverage on Core Scientific (NASDAQ:CORZ) with a Buy rating and set a price target of $16.
September 04, 2024 | 9:40 am
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Needham has initiated coverage on Core Scientific with a Buy rating and a price target of $16, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target of $16 by Needham suggests a positive sentiment towards Core Scientific. This is likely to boost investor confidence and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100