Needham Initiates Coverage On Iris Energy with Hold Rating
Portfolio Pulse from Benzinga Newsdesk
Needham analyst John Todaro has initiated coverage on Iris Energy (NASDAQ:IREN) with a Hold rating, indicating a neutral stance on the stock.
September 04, 2024 | 9:49 am
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Needham analyst John Todaro has initiated coverage on Iris Energy with a Hold rating, suggesting a neutral outlook on the stock.
The Hold rating from Needham suggests that the analyst does not see significant upside or downside in the short term for Iris Energy. This neutral stance is likely to result in minimal immediate impact on the stock price.
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